The Terrace Retirement Community

Overview of The Terrace Retirement Community

Nestled in the heart of Columbia, Missouri, The Terrace Retirement Community offers an array of thoughtfully designed floor plans, including studios, one-bedroom, and two-bedroom options. Each apartment becomes a haven of individual comfort, complete with personal temperature controls and a meticulously equipped kitchen. Here, the spirit of community thrives without the burden of buy-in investments or nonrefundable fees, ensuring that every resident’s experience is marked by choice and flexibility.

The dedication to comfort extends to services such as housekeeping and maintenance, while thoughtful touches like guest accommodations and scheduled transportation amplify the sense of ease. Amidst this inviting ambiance, residents can discover a wealth of amenities that cater to their diverse interests, from the allure of a barber and beauty salon to the practicality of weekly blood pressure checks. The community comes alive with shared spaces that invite connection, from the media room and library to the invigorating fitness center and engaging game room. Outdoor enthusiasts will find solace in the walking paths and gardens, adding a touch of nature’s beauty to everyday life.

Years in operation
19 years in operation Rank #52 / 209Years in operation — State benchmarkedThis home is ranked 52nd out of 209 homes in Missouri. Shows how long this facility has been in operation compared to other Missouri facilities. Longer operating histories may benefit residents, families, and staff.Rankings are based only on facilities in Missouri that report data for that category. Facilities without available data are excluded from the ranking.Click the rank badge to see the full State ranking.Click here to see the full State ranking.
A longer operating history, which may indicate experience navigating regulations and delivering ongoing care.
Walk Score
Walk Score: 40 / 100 Rank #327 / 563Walk Score — State benchmarkedThis home is ranked 327th out of 563 homes in Missouri. Shows how walkable this facility's neighborhood is compared to the average Walk Score across Missouri facilities. Higher scores benefit residents, families, and staff.Rankings are based only on facilities in Missouri that report data for that category. Facilities without available data are excluded from the ranking.Click the rank badge to see the full State ranking.Click here to see the full State ranking.
Somewhat walkable. A few nearby services may be reachable on foot, but most trips require transportation.
BBB Rating
BBB Rating: A+ (Not Accredited)
An independent rating from the Better Business Bureau based on factors such as complaint history, transparency, and business practices.
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What does this home offer?

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Pets Allowed

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Housing options icon

Housing Options: Studio / 1 Bed / 2 Bed

Building type icon
Building type icon

Building Type: Single-story

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Transportation Services

Fitness and recreation icon
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Fitness and Recreation

Places of interest near The Terrace Retirement Community

Address 2.2 miles from city center Info Estimated distance in miles from Columbia's city center to The Terrace Retirement Community's address, calculated via Google Maps.

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Address

Compare Independent Living around Columbia

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The Terrace Retirement Community
IL
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40
Facility 40
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Studio / 1 Bed / 2 Bed-
19
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The Village of Bedford Walk
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A+

Financial Assistance for
Independent Living in Missouri

The Terrace Retirement Community is located in Columbia, Missouri.
Here are the financial assistance programs available to residents in Missouri.

Get Financial aid guidance

Aged and Disabled Waiver

Missouri Medicaid A&D Waiver

Age 65+ or disabled
General Missouri resident, Medicaid- eligible, nursing home-level care need.
Income Limits (2025) ~$2,829/month 300% FBR, individual
Asset Limits $2,000 (individual), $3,000 (couple).
MO

Rural access prioritized.

Benefits
Personal care (5-7 hours/day) Respite (240 hours/year) Adult day care (~$65/day) Home health services

Missouri Supplemental Nursing Care (SNC)

MO SNC

Age 65+
General Missouri resident, in approved facility.
Income Limits ~$1,215/month individual
Asset Limits $2,000 individual
MO

Supplements SSI; facility-based only.

Benefits
Monthly cash payment (~$156-$292/month) for care costs

Structured Family Caregiving Waiver (SFCW)

Missouri Structured Family Caregiving Waiver

Age 65+
General Missouri resident, MO HealthNet-eligible, NFLOC, dementia diagnosis, live with caregiver.
Income Limits (2025) ~$2,901/month (300% FBR, individual); QIT required.
Asset Limits $5,909.25 (individual), $11,818.45 (couple).
MO

Caregiver must be family; small program size.

Benefits
Cash stipend ($1,000-$1,500/month) to family caregiver Respite Training Supplies ($500/year)

MO HealthNet Aged, Blind, and Disabled (ABD)

Missouri MO HealthNet ABD

Age 65+ or disabled
General Missouri resident, MO HealthNet-eligible, needs help with 1+ ADL.
Income Limits (2025) ~$1,690/month (individual, projected); spenddown allowed.
Asset Limits $5,909.25 (individual), $11,818.45 (couple).
MO

Less intensive than waivers; statewide access.

Benefits
Personal care (2-4 hours/day) Homemaker services Limited respite Medical equipment

Medicare Savings Program (MSP)

Missouri Medicare Savings Program

Age 65+ or disabled
General Missouri resident, Medicare Part A/B.
Income Limits (2025) ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
Asset Limits $9,430 (individual), $14,130 (couple).
MO

Three tiers; no waitlist; includes Extra Help for Part D.

Benefits
Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

Missouri Caregiver Program (Customized Caregiver Training & Relief)

Missouri Caregiver Program

Age
General Caregivers of 60+ with dementia, Missouri resident, functional needs (2+ ADLs).
Income Limits (2025) No strict cap; prioritizes low-income ~$24,980/year individual
Asset Limits Not assessed; need-based.
MO

Administered via AAAs and Alzheimer’s Association; rural focus.

Benefits
Respite (4-6 hours/week) Training Assistive tech ($500/year) Supplies

VA Aid and Attendance (A&A) and Housebound Benefits

Missouri VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse
General Missouri resident, wartime service, need for ADL help (A&A) or homebound.
Income Limits (2025) Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
Asset Limits ~$155,356 net worth limit
MO

High veteran demand in rural/urban areas.

Benefits
Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living)

Frequently Asked Questions about The Terrace Retirement Community

Is The Terrace Retirement Community in a walkable area?

The Terrace Retirement Community has a walk score of 40. Somewhat walkable. A few nearby services may be reachable on foot, but most trips require transportation.

Are there photos of The Terrace Retirement Community?

Yes — there are 4 photos of The Terrace Retirement Community in the photo gallery on this page.

What is the address of The Terrace Retirement Community?

The Terrace Retirement Community is located at 1408 Business Loop 70 E, Columbia, MO 65202.

What is the phone number of The Terrace Retirement Community?

(573) 875-2538 will put you in contact with the team at The Terrace Retirement Community.

Does The Terrace Retirement Community provide medical or personal care assistance?

No — The Terrace Retirement Community is an independent living community. Residents live on their own in private apartments with access to amenities, dining, and social activities.

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