What We Know About Temenos Place Apartments

What We Know About Temenos Place Apartments

Details

Address

1703 Gray St, Houston, TX 77003

Units

95

Floors

6

Developer

NHP Foundation

Property Website

nhpfoundation.org/temenos-place-apartments

About

Construction on Temenos Place Apartments, a 95-unit Permanent Supportive Housing building, began in the Summer of 2021 and is slated to be completed in 2023. Temenos Place will be a six-story elevator-served podium building consisting of 95 efficiency apartments, shared space for supportive service programs, and office space for The NHP Foundation’s partner in this development, Temenos Community Development Corporation.  All units will be efficiencies with full kitchens and baths. The building will meet ICC 700-2020 National Green Building Standards. The new community space will provide a robust permanent supportive services program designed to prevent 95 households from being displaced into homelessness.

Estimated Budget

$34,765,819

Timeline

Oct 28, 2021 -- Community leaders joined The NHP Foundation and Temenos Community Development Corporation in breaking ground on their newest development, Temenos Place, a 95- unit permanent supportive housing development. The project will replace units being bought out by the Texas Department of Transportation (TxDOT) and provide new apartment homes for people who may otherwise face homelessness. Temenos Place will quickly respond to the increased need for permanent supportive housing and wrap-around services, with a large portion of the construction cost financed from the City of Houston and Harris County.

The total cost of Temenos Place will be $34 million. The City of Houston Housing and Community Development Department (HCD) will provide approximately $12.5 million to the development through a combination of federal, disaster recovery, and local housing bond funding. Harris County will also contribute $11 million to the development through disaster recovery funds to replace housing lost to Hurricane Harvey and provide long-term solutions to housing inequities. (Houstontx Gov)

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