New Hope Housing at Rittenhouse adds 160 efficiency apartments in Houston. Many of its residents have transitioned from other supportive housing programs and benefit from services offered on-site including transportation, counseling services, home-buyer education, financial planning assistance, health screenings and nutrition courses.
Each of the fully-furnished apartments includes a refrigerator and microwave, internet access and free cable TV. Most are available to individuals earning at or below 50 and 60 percent of Area Median Income, with eight units reserved for those earning at or below 30 percent AMI.
The development features a furnished community room with kitchen and dining area, business center, library, theater room, laundry facilities and and outdoor common areas, which include a beautiful courtyard with a grove of mature oak trees, picnic table and chairs and a covered sun porch.
Rittenhouse is sponsor New Hope Housing’s third LEED-certified property with high-efficiency mechanical systems, toilets and fixtures, Energy Star windows and doors and native trees and plants that help minimize watering.
Founded in 1993 with a mission to create life-stabilizing affordable apartment homes for adults living on extremely limited incomes, the non-profit is now widely recognized as the model for SRO housing in Houston and throughout Texas. National Equity Fund® invested $9.5 million of equity in Rittenhouse.