NHPF Quarterly Newsletters

apartments to the vibrant West River community, including 14 supportive housing units. The $20.2 million project is scheduled to be completed by March 2025. This new construction, situated on vacant land purchased from the City of New Haven, signifies NHPF's inaugural venture into the city, in partnership with West River SHIP. Speakers at the event included the President of West River SHIP, as well as New Haven Mayor Justin Elicker; New Haven Board of Alders President Tyisha Walker-Myers; State Representative Patricia Dillon; Suzanne Piacentini, CT Field Office Director, U.S. Department of Housing and Urban Development; and Dr. Karen DuBois-Walton, President, Elm City Communities/Housing Authority of the City of New Haven. Dr. Karen DuBois-Walton summed up the development this way: “As a moving to work public housing authority, we administer federal funding made possible though HUD. Most of this funding goes to providing tenant based subsidies that allow families to lease in the private market. But annually we set aside a portion of that funding to use in connection with development projects like this one. The addition of our funding allows units to be more deeply affordable reaching an income bracket that desperately needs more quality housing options.” Seabrook Square, East Austin, TX NHPF broke ground in January on Seabrook Square, 204 new rental apartment homes available to households earning at or below 60% of the Area Median Income (AMI) in East Austin, TX. This significant event marks a crucial step towards addressing the region's housing needs and fostering economic diversity within the community. In collaboration with AHFC and local developer Capital A Housing, NHPF closed on $74.5 million in construction financing for Seabrook Square. This project signifies NHPF's inaugural venture into Austin, showcasing a commitment to partnering with local organizations to deliver much-needed affordable housing. Rasmus-Temenos, Houston, TX Temenos Community Development Corporation (CDC) in partnership with NHPF announced the opening of Rasmus- Temenos, a property with 95 Permanent Supportive Housing (PSH) apartments. The construction of Rasmus-Temenos is a testament to the collaborative efforts of government entities, nonprofit organizations, and private sector partners dedicated to addressing the pressing issue of homelessness in this community.

At the Ribbon-cutting Ceremony, Mayor Pro-Tem Martha Castex-Tatum said:

“Saving this housing that will provide specialized services in order to increase the wellness of the population was achieved by all the entities here today. Through innovative funding mechanisms and unwavering commitment, this project ensures that vulnerable individuals have access to safe and supportive housing.” The property includes an entire floor that is dedicated to at-risk youth. Plus, 80 of the units replace those lost to The Texas Department of Transportation (TxDOT) to make way for highway improvements. Funding for this transformative project includes significant contributions from the Houston Housing Authority, City of Houston Housing and Community Development, with $12.5 million allocated, and $11 million in Community Development Block Grant (CDBG) funding for Disaster Recovery from Harris County.

Eric Dillard (left) and Brantly Grier

Angela Williams (cooking) and Winona Butler

With the Right Assistance, Anytime is the Right Time to Start a Business Mark Twain famously said, “Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.”

The Heart and Soul of Volunteering

At two NHPF properties, Mark Twain in Chicago and St. Luke’s Plaza in St. Louis, two women found purpose and fulfillment in the embrace of volunteerism.

THE NHPF QUARTERLY MAY 2024

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