GrantAuthority

Houston Area Community Development Corporation

Grantmaking foundation in Houston, Texas · EIN 76-0380705

Total giving
$7.9MTax year 2024
Total assets
$100MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

New Hopes core purpose is to provide life-stabilizing, affordable, permanent housing with support services for people who live on very limited incomes. The nonprofit organization owns and operates single room occupancy (SRO) for individuals and affordable housing for families with children. Without permanent housing in a safe and nurturing environment, these men, women and children would be literally homeless or living in severely substandard conditions. More than 80% of New Hopes residents have an income of less than $16,000/yr. and more than 60% are formerly homeless direct indicators that New Hope serves the most vulnerable citizens. Incorporated in 1993 through the vision of the People of Christ Church Cathedral-Episcopal, New Hope Housing, Inc. and its family of organizations currently develops and manages high-quality, safe and affordable apartment homes with on-site supportive services. New Hope is recognized as having established the model for SRO housing in the State of Texas.

Quoted from the foundation's IRS filing.

Giving by year

$310K2021
$3.7M2023
$7.9M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
New Hope Housing Inc$3.7M2023

Amounts are rounded. The full grantee list is available with a free account.

Website: www.newhopehousing.com

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Similar foundations in Texas

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.