Our History
New Hope was founded with the conviction that a crisp, clean external environment facilitates internal change. We began in 1993 to develop and operate single room occupancy (SRO) housing and are widely recognized as establishing the model for SRO housing in the State of Texas. Today, New Hope is an award-winning organization and the pioneer in the effort to build affordable SRO housing in Houston. We are fully dedicated to offering more than residents might expect from a SRO dwelling that leases for approximately $415 per month, including all utilities paid and cable television access.

Since inception, New Hope has raised more than $61M to support its mission. Of that sum, the original $1.25M in seed money was raised by the People of Christ Church Cathedral-Episcopal, providing the impetus to establish SRO housing in Houston. This impetus laid the foundation for New Hope to provide quality supportive SRO housing to more than 7,000 people, many who ultimately transition to market-rate housing or reconnect with family.

New Hope serves adults who live singly on limited incomes. If employed, many earn no more than the $7.25/hour minimum wage. The population served by New Hope finds it difficult, if not impossible, to cover market-rate housing costs and other basic living expenses. Residents include veterans, the elderly, the chronically ill, part-time students, people with cognitive and physical impairments, those overcoming substance abuse, the working poor, and the formerly homeless.

We have a proven business model for developing debt-free SRO properties that operate in the black, with rental income covering building operating costs and a long-term replacement reserve. New Hope has contributed significantly to the community of organizations working to revitalize Houston's inner city by providing a practical and proven solution to the affordable housing crisis.

New Hope is the best example of the private sector working with the public sector to meet Houston s critical housing needs.

Our Mission
New Hope’s core purpose is to stabilize lives by offering permanent, affordable apartment homes in a dignified, supportive environment to adults who live singly on limited incomes. We are committed to the development and operation of SRO efficiency apartments with enhanced access to social services.

Our Vision
Our long-term goal is to develop and operate more than 1,000 supportive SRO units and to become a permanent institution in metropolitan Houston. This ambitious goal requires committed, substantial funding of New Hope as an institutional developer, in place of historical project-by-project support.

 

OFFICERS & DIRECTORS

Michael M. Fowler
President

Sanford W. Criner, Jr.
Vice President

Mark C. Wilson
Secretary

Jeffrey A. Compton
Treasurer

Irma G. Galvan
Teshia N. Judkins
Willy F. Kuehn
Sandra C. Lynch
Timothy D. Phillips
Douglas M. Selman
Matthew M. J. Stahlbaum
Carolyn Truesdell
Kenneth J. Valach
Geoffrey K. Walker

Joy Horak-Brown
Executive Director