The Terrace Retirement Community

Independent Living Home
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.

(573) 875-2538
Years in operation
19 years in operation
A longer operating history, which may indicate experience navigating regulations and delivering ongoing care.
Walk Score
Walk Score: 40 / 100
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?

Pets allowed icon
Pets allowed icon

Pets Allowed: Yes, Pets Allowed

Housing options icon
Housing options icon

Housing Options: Studio / 1 Bed / 2 Bed

Building type icon
Building type icon

Building Type: Single-story

Transportation services icon
Transportation services icon

Transportation Services

Fitness and recreation icon
Fitness and recreation icon

Fitness and Recreation

Types of Care at The Terrace Retirement Community

Independent Living
Contact The Terrace Retirement Community

Compare Independent Living around Columbia

The information below is reported by the Missouri Department of Health and Senior Services, Division of Regulation and Licensure.
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Places of interest near The Terrace Retirement Community

Address 2.2 miles from city center — 0.98 miles to nearest hospital (Rusk Rehabilitation Hospital)

Address 1408 Business Loop 70 E, Columbia, MO 65202

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Financial Aid for Missouri Seniors

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Aged and Disabled Waiver

Missouri Medicaid A&D Waiver

Age 65+ or disabled, Missouri resident, Medicaid- eligible, nursing home-level care need.

~$2,829/month (300% FBR, individual).

$2,000 (individual), $3,000 (couple).

Rural access prioritized.

Missouri Supplemental Nursing Care (SNC)

MO SNC

Age 65+, Missouri resident, in approved facility.

~$1,215/month (individual).

$2,000 (individual).

Supplements SSI; facility-based only.

Structured Family Caregiving Waiver (SFCW)

Missouri Structured Family Caregiving Waiver

Age 65+, Missouri resident, MO HealthNet-eligible, NFLOC, dementia diagnosis, live with caregiver.

~$2,901/month (300% FBR, individual); QIT required.

$5,909.25 (individual), $11,818.45 (couple).

Caregiver must be family; small program size.

MO HealthNet Aged, Blind, and Disabled (ABD)

Missouri MO HealthNet ABD

Age 65+ or disabled, Missouri resident, MO HealthNet-eligible, needs help with 1+ ADL.

~$1,690/month (individual, projected); spenddown allowed.

$5,909.25 (individual), $11,818.45 (couple).

Less intensive than waivers; statewide access.

Medicare Savings Program (MSP)

Missouri Medicare Savings Program

Age 65+ or disabled, Missouri resident, Medicare Part A/B.

~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

$9,430 (individual), $14,130 (couple).

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

Missouri Caregiver Program (Customized Caregiver Training & Relief)

Missouri Caregiver Program

Caregivers of 60+ with dementia, Missouri resident, functional needs (2+ ADLs).

No strict cap; prioritizes low-income (~$24,980/year individual).

Not assessed; need-based.

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

Senior Community Service Employment Program (SCSEP)

Missouri SCSEP

Age 55+, unemployed, low-income, Missouri resident.

~$1,983/month (125% FPL).

Not specified; income-focused.

Priority for veterans, rural residents; AARP partnership.

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

Missouri VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse, Missouri resident, wartime service, need for ADL help (A&A) or homebound.

Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

~$155,356 (net worth limit).

High veteran demand in rural/urban areas.

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