Harvey Multifamily Program
Percentage of Houstonians who rent their homes
On average, renter households struggle to find affordable options more than homeowners. 46% of renter households spend 30% or more of their monthly income on housing. 23% spend 50% or more. Three-fifths of children live in rental units. So do two-thirds of Houston’s foreign-born population.
Houston was short on affordable multifamily homes before Hurricane Harvey. Now, our need is even more urgent. The Harvey Multifamily Program will create and rehabilitate multifamily apartment homes. These new and refurbished units will stay affordable to low- and moderate-income residents for at least 40 years.
Map of Selected Developments
The Harvey Multifamily Program issued two calls for proposals, in early 2019 and early 2020. Through these two funding rounds, a total of 34 developments will be supported for funding. Through these developments, over 3,900 new rental homes will be created, with about 85% of all homes reserved for low- or moderate-income renters.
By combining program funding with other sources, including 4% and 9% tax credits and private financing, the awards represent over $1 billion in development. They include communities for seniors, supportive housing options for those experiencing housing insecurity, and workforce homes for individuals and families.
You can learn more about each supported development by reviewing this list or by exploring the map below.
|June 2019||September 2019||January 2020||June 2020||March 2021|
|1st round applications||1st round projects announced||2nd round applications||2rd round applications announced||Additional $100 million added to program, additional projects announced|
- Rent at least half of their units to low-income renters for at least 20 years.
- Give workers protections as laid out in the Build Houston Better Program .
- Align with the City’s Multifamily Development Principles.
- Manage Davis-Bacon, Section 3, and MWSBE requirements.
- Comply with green building standards.
The City prioritizes developments that:
- Leverage other financing sources.
- Create mixed income housing opportunities.
- Are close to public transit and highly rated schools.
- Reinvest in Complete Communities and other Community Reinvestment Areas.
- Are located in areas where real estate values are rising and where many moderate- and low-income residents need affordable options.
- Protect from future flooding and climate concerns.
Houston Mayor Sylvester Turner and City Council today approved $13.2 million to develop New Hope Housing Savoy, which will add 120 affordable rental apartments in…Read More
City’s Harvey Multifamily Program continues to aid in recovery with second completed development August 12, 2021 — HOUSTON – The Edison Lofts community of 126 mixed-income…Read More
Belfort Park Apartments re-open after renovations to provide resilient, affordable homes in Southwest Houston
Bellfort Park Apartments, near the Willowbend, Braeswood, and Willow Meadows communities, celebrated its grand re-opening on July 28, 2021. The community of 64 garden-style apartments…Read More
Caroline Lofts will provide opportunities for essential workers and others to live in resilient, affordable homes with close access to Downtown. HOUSTON – 07/22/2021 City…Read More
Summit at Renaissance Park provides 325 new, resilient homes for residents to help welcome development of Greenspoint Houston City Council has approved $14.9 million for…Read More
City is investing $10.25 million in Harvey Recovery funds to build new senior apartment complex in Historic Third Ward. Houston City Council has unanimously approved a…Read More
Application Log & Documents
The first round of funding for multifamily development opened in February 2019 and closed April 12, 2019. Fifty-six applications were reviewed and 15 were selected for funding. The selected developments will create 1,604 apartments in Houston, the majority of which will be rented at guaranteed-affordable rates to qualified renters.
The second round of funding for multifamily development opened in January 2020 and closed in March 2020. 19 applications have so far been selected for funding, resulting in a final program amount of 3,900 new apartment homes across 34 different properties.