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New Hope Housing Berry: Multifamily At 8855 McGallion Rd.


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https://rebusinessonline.com/amegy-bank-provides-25m-construction-loan-for-houston-affordable-housing-project/?oly_enc_id=4468C5075734G3Y

Amegy Bank Provides $25M Construction Loan for Houston Affordable Housing Project

August 31, 2023

HOUSTON — Regional lender Amegy Bank has provided a $25 million construction loan for NHH Berry, a 180-unit affordable housing project that will be located in Houston’s Third Ward. The property will offer one-, two- and three-bedroom units that will be reserved for low- to moderate-income residents and amenities such as a community kitchen, lounge, library and meeting/social service offices. The building will also house a preschool that residents’ children can attend free of charge. The borrower is New Hope Housing. Construction is scheduled to begin in October and to be complete in summer 2025.

Edited by DotCom
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  • The title was changed to New Hope Housing Berry: Multifamily At 8855 McGallion Rd.

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