Unveiling affordable homes in Oak Ridge
Nonprofits and community organizations united Thursday to unveil one of three homes in Oak Ridge's Highland View neighborhood that they have built for first-time homebuyers to purchase. A ribbon cutting and open house was held at one of the homes, located at 106 Waddell Place, that was staged with furniture and other interior design features.
The one-level homes have similar floor plans, with three bedrooms, two baths, and wide front porches. Each home is offered for its appraised value, $238,000.
The Oak Ridge Community Development Corp. (ORCDC) and the Oak Ridge Housing Authority worked together on the three homes. Others involved in the project include the Oak Ridge Land Bank, the city of Oak Ridge, other nonprofit housing providers, Pinnacle Bank, and the Tennessee Housing Development Agency (THDA), along with volunteers.
This article originally appeared on Oakridger: Unveiling affordable homes in Oak Ridge