New Hope Housing, Inc.

Results: Since inception, New Hope Housing has offered affordable, supportive single room occupancy (SRO) housing to more than 4,000 people. With 319 SRO units, New Hope is Houston’s largest SRO provider.

Target demographics: Adults living singly on extremely low incomes (more than 50% of residents have annual incomes of less than $12,000)

Direct beneficiaries per year: 600

Geographic areas served: Metropolitan Houston, Texas

Programs: Nhh at hamilton 129 unitsowned by new hope housing, inc. , hamilton street residence is houstons first sro. Located 100 feet from the downtown baseball stadium, it provides 129 adult women and men a quality, supportive living environment. Hamilton was developed through a public/private partnership that includes the city of houston, u. S. Department of housing & urban development (hud), and more than 40 foundations, corporations, and individual donors.

new hope is the developer, owner and manager of our affordable housing properties. New hope operates a continuous development cycle where we have 2 to 3 projects in varying stages of development at any given time. For example, as we were completing construction on our rittenhouse property we were also in pre-development for our first family supportive housing development nhh at reed. New hope earns developer fees during the construction of a property, though paid out much later, 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. Being in a capital intensive business, new hope operates to the standards of the quality for-profit multifamily industry, and its real estate development model is a testament to that work.

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 at least 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 resident services coordinators 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 our nations fourth largest city, yet we are 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.