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The NHP Foundation received a $1.5M annual allocation of 9% credits from the Texas Department of Housing and Community Affairs to construct 149 units of permanent affordable housing in Houston’s Midtown neighborhood. Additionally, the city of Houston Department of Housing and Community Development has allocated $15M through its Harvey Multifamily Program. The project is also being considered for funding by the Harris County Community Services Department. Magnificat Houses Inc. is providing the land and is NHPF's partner in the development. The property, located at 3300 Caroline St., will contain 149 rental units, recreational amenities and space for the supportive services. In addition, 20% of 3300 Caroline's units will be set aside for formerly homeless people who have gone through transitional housing programs such as Magnificat's and are willing to become the equivalent of college resident advisers.