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HoustonNew Hope Housing details SRO and supportive-housing portfolio and offers lessons for Dallas
Summary
New Hope Housing executives described building and operating single-room-occupancy and supportive housing in Houston, stressing on-site services, voucher dependence and community engagement strategies; councilors asked whether Dallas zoning or special permits are needed for SROs.
Tamara Foster, executive vice president for on-site operations and strategic partnerships at New Hope Housing, told Dallas council members on Nov. 4 that the Houston nonprofit has grown from one building to roughly 15 properties and nearly 2,000 units, using a mix of SROs, studios and multifamily housing.
Foster said New Hope relies on a capital stack that typically includes low-income housing tax credits, federal and local lending and philanthropy, and on vouchers to make permanent supportive housing (PSH) financially feasible. "We actually have about 835 vouchers," she said during…
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