Member Spotlight 2010

Since the inception of the Low Income Housing Tax Credit (LIHTC) program in Texas, the affordable housing industry

in Texas has generated over $51,397,651,000 into the State’s economy and an additional $6,279,225,670 into local taxes and fees, creating 767,044 jobs and 257,025

affordable work force homes across Texas.

*The information above was derived from data provided by the Texas Department of Housing and Community Affairs (TDHCA) in association with an economic development model

created by the National Association of Home Builders (NAHB).

New Hope Housing at Brays Crossing6311 Gulf Freeway l Houston, TX 77023 • newhopehousing.com/brayscrossing

Affordable

Spotlight

Brays Crossing is New Hope Housing, Inc’s first

development financed by Low Income Housing

Tax Credits. The 149-unit SRO community is located

at I-45 South at the Griggs Road exit. It transforms

the former HouTex Inn, an official public nuisance

property, into a ‘marquee’ for quality SRO housing and

is a vibrant community asset. The property features

an important public art component as a part of the

HUD-required sound wall.

DeveloperNew Hope Housing, Inc.

Project Site Size1.9673 acres

Target Market(s)Houston and its surrounding counties

Total Number of Units149 units

Size of Units121 units at 225 sq. ft. / 28 units at 465 sq. ft.

Unit Composition100% Low Income Housing Tax Credit units (at or below 50% AMI)

Grand Opening DateFebruary 20, 2010

Support Services• Transportation• Emergency financial assistance, for rent or

medications• Fully-equipped Business Center / Computer

Learning Center• Financial literacy, credit counseling and money

management• Legal assistance• GED assistance• Health and nutritional courses• Health screening and health fairs• Sobriety meetings• Regular movie nights• Bible studies• Community meals and holiday feasts

HOUSING

Since its organization in 1997, the public/private membership of the Texas Affiliation of Affordable Housing Providers

(TAAHP) has continued with the association’s goals of creating an adequate inventory of affordable housing across

the vast lands of the Lone Star State; from several metroplex areas to the smallest of our rural communities. While

affordable housing is a quality of life issue in almost every area, it also becomes a part of the local economic engine.

The $456 million of housing tax credits allocated to the State of Texas has created over one billion dollars in housing

investment providing over 85,000 new or renovated living units with more than 78,000 set aside for low income families

and individuals. The units serve a broad resident base ranging from single occupant to large family; including the elderly,

former homeless, disabled, single parent, workforce families and others.

TAAHP members offer an array of services to the residents of their communities including grocery shopping trips, health

and nutritional services/education, business and computer learning centers, on-site security services, GED classes and

other programs to assist the residents in their efforts to overcome the past or simply to promote personal growth to meet

future employment skill demands.

The Texas Housing Conference Magazine features a select number of our members’ communities over the next two pages.

Building Better Communitiesaffordable housing for Texans with limited incomes and special needs

Residences at Eastland l Fort Worth, TXAfter

Before

For more information on these properties, contact the TAAHP office at info@taahp.org.

Lancaster20100 Park Row l Katy, TX

DeveloperHenson Ford Investments

Unit Mix252 Units (1, 2, & 3 bedroom units)

Support Services/Amenities• After School Program• Computer Classes• Exercise Room• Good Neighbor Program• Pool, and more!

Highland Manor Senior Housing301 Newman Rd l La Marque, TX

DeveloperMark-Dana Corporation

Unit Mix87 – 1BR/1BA53 – 2BR/1BA1 – Manager’s Unit (2BR/2BA)

Support Services/Amenities• Club Room with Kitchen & Media Area• Community Laundry Facilities• Swimming Pool, and more!

Costa Almadena6222 S. New Braunfels l San Antonio, TX

DeveloperThe NRP Group

Unit Mix99% Tax Credit1% Market Rate/Multifamily

Support Services/Amenities• Computer Room with Internet Access• Courtesy Officers• Homework First, After School and Summer

Programs for Resident Children and more!

The Arbor at Rose Park2702 South 7th Street l Abilene, TX

DeveloperDMA Development Company, LLC

Unit Mix64 – 1BR/1BA4 – 2BR/1BA12 – 2BR/2BA

Support Services/Amenities• Health Screenings• Health and Nutritional Courses• Social Events, and more!

Waterside Court503 West Road l Houston, TX

DeveloperHettig-Kahn Development, Co.

Unit Mix118 Four Bedroom/Bath Single Family Houses with Attached Garages

Support Services/Amenities• Furnished Clubroom• Youth Programs, Adult Education Counseling, and more!

The Village at Morning Star3401 Magnolia Avenue l Texas City, TX

DeveloperDMA Development Company, LLC

Unit Mix80 – 1BR/1BA10 – 2BR/1BA10 – 2BR/2BA

Support Services/Amenities• Health Screenings• Health and Nutritional Courses• Social Events, and more!

Residences at Eastland5500 Eastland St l Fort Worth, TX

DeveloperNuRock Development, Inc.

Unit Mix146 mixed incometownhouse apartment community

Support Services/Amenities• Business/Computer Training Center• Crime Watch Program• Recreation Center • Study/Homework Help and more!

Little Nell8565 W. Sam Houston Pkwy l Houston, TX

DeveloperHenson Ford Investments

Unit Mix252 Units (1, 2, & 3 bedroom units)

Support Services/Amenities• After School Program• Computer Classes• Exercise Room• Good Neighbor Program• Pool, and more!