Worth The Wait- Affordable Housing Finance Report

Worth the Wait: A former public housing site finally gets redeveloped. By Donna Kimura. Affordable Housing Finance. October 2012.

Six years after an old public housing project was demolished, Part Terrace has opened doors to residents in High Point, N.C.

The new 172-unit development is build on the site that was long occupied by the old Clara Cox Homes.

The High Point Housing Authority (HPHA) began its efforts to reposition the distressed project nearly 30 years ago, demoloshing 110 units in 1984, believing that reducing the density would improve the living enviorment. However, that wasn’t the case, and housing officials decided a larger redevelopment effort was needed.

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