New Hope Housing at Reed

2605 Reed Rd, Houston, TX 77051

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Supportive Housing
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

New Hope Housing at Reed offers affordable housing for at-risk families with children. The community offers 1-bedroom, 2-bedroom and 3-bedroom floor plans with each apartment home including a fully-equipped kitchen, free utilities, and in-unit washer/dryer. Community amenities include a business center, community kitchen, coin-operated laundry facility, community library, teen/activity room, outdoor courtyard with grills, playground, and resident events and activities. Enhanced support services and amenities help Reed residents thrive, including an on-site health clinic; a market; an urban prairie; and the Houston-Southside Bezos Academy, free for children ages 3-5. New Hope Housing Reed offers a unique campus atmosphere and is located adjacent to the Reed Road Park and Ride as well as a short driving distance to Downtown Houston. The community is in close proximity to many local restaurants & retail and driving distance to rhe Houston Methodist Hospital.

Dave's Thoughts On New Hope Housing at Reed

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests New Hope Housing at Reed does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

New Hope Housing at Reed Amenities

  • Playground
  • On-Site Manager
  • Air Conditioning
  • Utilities Included
  • On-Site Maintenance
  • Fully Equipped Kitchen
  • Washer and Dryer Included
  • Laundry Facilities
  • Courtyard
  • Picnic Area

Units at New Hope Housing at Reed

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/2) - Call for Price

Income Qualification for New Hope Housing at Reed

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $19,600 / year $22,400 / year $25,200 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year
50% AMI for PBRA Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year
60% AMI for LIHTC Units $39,180 / year $44,760 / year $50,340 / year $55,920 / year $60,420 / year $64,920 / year
80% AMI for PBRA Units $52,200 / year $59,650 / year $67,100 / year $74,550 / year $80,550 / year $86,500 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for New Hope Housing at Reed

Does New Hope Housing at Reed have a waiting list?

New Hope Housing at Reed probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at New Hope Housing at Reed?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges New Hope Housing at Reed?

New Hope Housing at Reed is managed by New Hope Housing headquartered in Houston, Texas.

In addition to New Hope Housing at Reed, how many other affordable housing properties (and units) are there in Houston?

In addition to New Hope Housing at Reed, we list 421 other affordable properties in Houston. Learn about these properties here. Our data research shows that there are a total of 52275 affordable units in Houston.

When was the New Hope Housing at Reed listing last updated?

New Hope Housing at Reed listing on Affordable Housing Online was last updated on 09/20/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near New Hope Housing at Reed

City Parc II at West Oaks Apartments

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bed 2-3
payment $1180/mo.
switch_access_shortcut Short Wait

Forest Creek Apartments

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bed 1-3
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accessibility Accessible

Town Parc at Sherwood

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bed Studio-3
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switch_access_shortcut Short Wait

Catalon Apartments

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accessibility Accessible

Goldberg B Nai B Rith Towers

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bed Studio-2
payment $660-887/mo.
payment Subsidized
elderly Senior

Yale Village

5673 Yale Street, Houston, Texas 77076

bed 1-5
payment Subsidized
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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