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Texas  + Houston-Galveston  + Senior Housing  | 
New Hope Housing addiing 102-units to Houston senior housing needs

New Hope Easing Houston Sr. Housing Shortfall

New Hope Housing recently broke ground on New Hope Housing Ennis – a new construction, 102-unit property that will provide much-needed affordable housing to the 55+ community for the Houston Metro area.

  • 11 units will be reserved for individuals with household income below 30% of AMI
  • 42 units will be reserved for those with household income below 50% AMI
  • 49 units will be reserved for those with household income below 60% AMI

GSMA is the architect for the building, and Camden Builders is the general contractor. NHH Ennis was made possible in part by financing from Capital One, who originated a $16 million low-income housing tax credit (LIHTC) equity investment and a $16 million construction loan. The development received $9 million in ARPA funding from Harris County. National Equity Fund served as the LIHTC syndicator.

Onsite resident services will include case management, emergency assistance and financial support, informational and referral services, and educational and recreational opportunities.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.