NHPF Builds

NHPF BUILDS Texas

Beginning in 1995 with the acquisition of Oak Brook Apartments (since sold) in the greater Houston area, The NHP Foundation (NHPF), a leading provider of affordable housing in 16 states and the District of Columbia, acquired its second and third properties in the City in 2013 and 2014. Since then, NHPF has embarked on a bevy of new construction projects for the neediest citizens of Space City as well as its entry into Austin, TX. Theses early acquisitions were made possible via the outstanding relationships we have cultivated with the City of Houston that flourish today. In 2023, NHPF broke ground on its first housing in Austin, Seabrook Square, in partnership with the Austin Housing Finance Corporation and local developer Capital A Housing. Seabrook Square, consists of 204 new rental apartment homes available to households earning at or below 60% of the Area Median Income (AMI) in East Austin. It will also feature several live-work units for local artists and community serving commercial space for small local businesses. NHPF BUILDS HOUSTON In partnership with the City of Houston, NHPF completed a substantial redevelopment of Cleme Manor, providing ongoing management and security enhancements that have resulted in a 27% decrease in crime in the area. NHPF’s adherence to ESG investment principles has helped Cleme Manor become an integral part of the revitalization of the community. We see the path up and out of poverty beginning with multifamily housing enriched with services provided by our subsidiary Operation Pathways—services that families and seniors draw on to expand opportunities for education, financial growth, health, and well-being. Working with the Houston Housing Authority, Harris County, and the City of Houston Housing and Community Development Department, NHPF has completed construction of three new developments which include a mix of senior living, units of permanent supportive housing, and multifamily units. Preserving and expanding access to affordable housing in the Houston metro area is just one way that NHPF strives to build and preserve more equitable, resilient communities that people can afford.

NHPF BUILDS TEXAS