News Release 12/ 31/ 2019

NorthMarq’s Houston office awards New Hope Housing with grant

HOUSTON, TEXAS (December 26, 2019) – NorthMarq’s Houston regional office recently presented New Hope Housing with a $5,000 grant as part of its mission to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes.

New Hope Housing is an award-winning, debt-free organization that has brought 1,200 units of safe, affordable housing in eight locations throughout Houston.

“New Hope Housing assists the most vulnerable in our community and is helping them climb out of homelessness,” said Kerry French, managing director of NorthMarq’s Houston office. “With Houston experiencing some of the highest housing costs increases in the country, we need organizations like New Hope to address the issue. Our team here in Houston couldn’t be more proud to support this worthy organization.”

In 2018, New Hope Housing broke ground on the NHH Dale Carnegie Development, Houston’s first affordable housing community since Hurricane Harvey. The 170-unit property is fully furnished and features 280 and 360 sq. ft. units within an amenity-filled neighborhood. The LEED certified building is scheduled for completion in the fall 2020.

The Houston office’s grant is part of NorthMarq’s larger initiative to support organizations addressing homelessness and affordable housing. NorthMarq awarded grants to 12 organizations in 11 different cities across the county. Check out the story here.