NEW HOPE HOUSING INC
3315 Harrisburg Blvd Ste 400, Houston, TX 77003 www.newhopehousing.com

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Organizations Filed Purposes: New Hopes core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. The nonprofit organization owns and operates single room occupancy (SRO) for individuals and affordable housing for families with children. Without permanent housing in a safe and nurturing environment, these men, women and children would be literally homeless or living in severely substandard conditions. More than 80% of New Hopes residents have an income of less than $16,000/yr. and more than 60% are formerly homeless direct indicators that New Hope serves the most vulnerable citizens. Incorporated in 1993 through the vision of the People of Christ Church Cathedral-Episcopal, New Hope Housing, Inc. and its family of organizations currently develops and manages high-quality, safe and affordable apartment homes with on-site supportive services. New Hope is recognized as having established the model for SRO housing in the State of Texas.

New Hope Housing, Inc.s core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. Their model of excellence in high quality Housing + Services is the key element to alleviating homelessness.

Resident Services Program New Hope Housing offers permanent supportive housing to people who have a long-range need for low-cost, supportive housing. Of course, there are residents who prefer to live at a New Hope property during a transitional time in their lives, later reuniting with family or moving into market rate housing.Experience shows that more than fifty percent of New Hopes residents encounter instability in their lives and/or income due to isolation from family and other social contacts, illness, and loss of employment. As part of providing a supportive environment, New Hope operates the Resident Services Program, a three-pronged initiative that includes:(1) Assistance from the on-site Case Managers and Community Support Specialists who coordinate access to social services and to whom residents can turn if they are facing special difficulties;(2) Direct assistance with basic necessities and financial services that promote stability in the lives of residents; and(3) Educational opportunities/life skills training for spiritual and social well-being.These services provide the stability and self-sufficiency necessary to encourage productivity and responsibility to break the cycle of homelessness.Houston is the nations fourth largest city, yet it is woefully behind in meeting the substantiated need for more units of permanent, affordable housing. This drives New Hopes intent to be an enduring institution serving Houstons homeless and those at risk.

New Hope is the developer, owner and manager of its affordable housing properties. New Hope operates a continuous development cycle where the organization has two to three projects in varying stages of development at any given time. New Hope earns developer fees during the construction and lease up of a property. The fees are received over time as the project meets investor benchmarks. While a portion of the earned developer fees helps fill gaps in operating needs, the main intent is for developer fees to be used as working capital for future projects. New Hope operates to the standards of for-profit multifamily industry, and its real estate development model is a testament to that work.

NHH at Canal 134 unitsNew Hope Housing facilitated the development and construction of NHH at Canal, owned by its subsidiary, NHH-Canal Street Apartments, Inc. The Canal building is Houstons first SRO in a neighborhood and opened in November 2005 at 2821 Canal Street in Houstons historic Second Ward/East End. Canal serves adults living singly on low incomes. The Canal development received numerous accolades including an AIA-Houston design award; the 2009 ULI-Houston Development of Distinction award; and was a finalist for ULIs 2009 Award for Excellence-North and South America.This recognition proves that affordable SRO housing can fill a public need and still be stylish - all on a shoestring budget. The development costs were funded through a public/private partnership that includes the City of Houston, Texas Department of Housing and Community Affairs, the Federal Home Loan Bank of Atlanta, and a broad array of foundation, corporate, and individual donors.

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