New Hope Housing Opens Affordable Community in Southwest Houston

HOUSTON – (Realty News Report) – The New Hope Housing Dale Carnegie housing community has opened in Southwest Houston, furthering New Hope’s goal to assist people living on limited incomes.

Located at 7025 Regency Square Blvd., on a two-acre tract in the Sharpstown area, just west of Hillcroft, near the Mahatma Gandhi District.

NHH Dale Carnegie is the organization’s eighth affordable single room occupancy (SRO) housing community. It includes 170 fully furnished studio apartments and offers a supportive environment to those struggling in today’s economic climate.

The destruction caused by Hurricane Harvey and COVID-19 have placed economic pressure on many Houstonians.

it serves individuals living alone on very limited incomes, and who desire a safe, stable place to call home.

“We are delighted to serve those still rebuilding their lives from Hurricane Harvey – and now from the COVID-19 pandemic – with a nice, affordable place to call home like Dale Carnegie,” said Joy Horak-Brown, president and CEO. “New Hope Housing prides itself on building communities and restoring lives.”

NHH Dale Carnegie is located in an amenity-rich neighborhood near transit, and immediately south of Harwin Drive at Regency Square, a commercial development community. The site is less than one mile from BakerRipley’s signature campus and federally qualified health clinic, as well as a full-service grocery store, pharmacy, public library and higher education institutions.

Micro apartment units are between 280 and 360 square feet. Rental rates start at $600 and include free utilities, cable TV access, refrigerator, microwave, private bath and resident service programming. NHH Dale Carnegie is New Hope Housing’s sixth LEED certified, energy efficient apartment complex. Building ‘green’ ensures the organization charges rental rates well below market value and the building remains a lasting community asset.

Onsite resident support services include case management, access to primary and mental health care, legal assistance, health and nutritional counseling, financial education and life-skills training, and in some instances, rental supports. Residents can enjoy a theater room, fully equipped community kitchen and dining room, library, business center with computers, training room, coin-operated washer/dryer facilities, rooftop terrace and private meeting rooms. The front desk is staffed 24/7, with a single point of entry and monitored security cameras. 

“We truly understand the mission that New Hope Housing is actively living. Now, more than ever, it is needed in the City of Houston. Our collective efforts will help bring peace and stability to those who call this place their home,” said Mayor Sylvester Turner. “All people deserve to be treated with dignity and live in affordable housing. The New Hope Housing Dale Carnegie residents will benefit from onsite wraparound services, and I look forward to seeing how it transforms their lives.”

GSMA, Inc., is the architect, and Camden Builders is the general contractor for the development with interim construction financing provided by BBVA. The total development cost was a little more than $30 million. 

Major donors to the NHH Dale Carnegie capital campaign included: Housing Tax Credit equity allocated through the Texas Department of Housing & Community Affairs and invested by Freddie Mac through National Equity Fund, Inc.; HOME and Homeless & Housing Consolidated Bonds granted by the U.S. Department of Housing & Urban Development and the Housing & Community Development Department of the City of Houston; and, private donations from Laura and John Arnold; Houston Endowment Inc.; Federal Home Loan Bank of San Francisco; The Brown Foundation, Inc.; John P. McGovern Foundation; EOG Resources, Inc.; Hanover Company; and Vivian L. Smith Foundation.

Nov. 8, 2020 Realty News Report Copyright 2020

Photo credit: Ralph Bivins for Realty News Report Copyright 2020

File: New Hope Housing Opens

File: (2) Mahatma Gandhi District. Joy Horak-Brown. Department of Housing & Urban Development. Houston Endowment Inc. Sharpstown. New Hope Housing Opens in Southwest Houston.

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