New Hope Housing at Reed, located at 2605 Reed Rd in Houston, has one, two and three bedroom apartments. New Hope Housing at Reed participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedroom (2/1)||-||Call for Price|
|3 Bedroom (3/1)||-||Call for Price|
Reed is New Hope Housing’s first supportive housing property serving vulnerable families with children. Reed offers attractive, affordable apartment living.
New Hope Housing Reed offers a unique campus atmosphere, as it is located on seven acres immediately adjacent to Star of Hope’s 41-acre family development campus Cornerstone Community SM and Buckner Family Hope Center, off Highway 288 and Reed Road. It offers 187 units of 1-, 2- and 3-bedroom apartments, including a fully-equipped kitchen and access to shared common spaces.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.