***LEARN MORE *** about the Transylvania County Workforce Housing Coalition and watch for upcoming NEWS from Wesley CDC!
May 2009
 Wesley CDC Awarded $500,000 Duke Endowment Grant
June 2007
STATESVILLE—Wesley Community Development Corporation was awarded a $500,000 grant from The Duke Endowment to expand their housing program over the next three years as follows.
- Expand and sustain the number of homes completed per year from 12 to 20 by 2010. This includes completion of at least 14 homes in 2008, 16 in 2009 and 20 in 2010 and beyond. In addition, we will investigate “green construction” and incorporate techniques as well as practices to build and maintain “environmental friendly homes.”
- Develop a rental housing program including day care facilities. Our goal is to complete the first 30-unit facility in 2009, three more units by 2012 and have at least one such unit in each district by 2017. While living in these rental facilities, residents will receive homeowner training and credit counseling to prepare them for homeownership.
- Support for coordination of efforts among organizations supported by The Duke Endowment to improve service and reduce cost through sharing of information and “best practices”. This includes identification and preparation of grant requests, investigation of insurance requirements, financial reporting and other areas where potential opportunities exist to work together for common benefits and cost savings. It also includes efforts to work closely together to define and share “best practices” and thus improve service levels to all who each organization serves.
 USDA Check Kicks off Yadkinville's Liberty Glen
August 2006
YADKINVILLE—A
kickoff ceremony was held at the Yadkinville UMC for Wesley CDC’s newest community in Yadkinville named Liberty Glen.
Congresswoman Virginia Foxx, keynote speaker, presented a ceremonial $2,600,000 check to Roy Helm, Jr., President of Wesley’s Board of Directors, from USDA Rural Development. The check represented the solid partnership and support between Wesley CDC and USDA Rural Development for the 27 homes to be built over the next 4 years.
Also attending the Kickoff was John Cooper, State Director of USDA.
 Wesley CDC Presented "Housing North Carolina Award"
October 2005
GREENSBORO— Westglow is a neighborhood of 16 homes located in rural Iredell County. The homes were developed by Wesley Community Development Corporation of Statesville, an affiliate of the Western N.C. Conference of the United Methodist Church.
The 1200- to 1400-square-foot homes are sited on grassy, three-quarter-acre lots with paved driveways and parking pads. They offer many features not often found in affordable homes, such as large decks and front porches and separate laundry room/mudrooms. All are built according to SystemVision Energy efficiency standards and carry written guarantees ensuring low heating and cooling costs.
Because of the sponsor’s innovative approach, home buyers were able to purchase a three-bedroom, two-bath home valued at $132,000 for $108,750, with monthly payments of only $450. This was accomplished by using part volunteer labor, provided by 50 students from Penn State University; and by creative financing.
The U.S. Department of Agriculture provided first mortgages and the N.C. Housing Finance Agency provided deferred, zero-interest second mortgage loans up to $20,000 per family. The Duke Endowment also provided financing for the homes through a grant to the Western N.C. Conference of the United Methodist Church. |
