Trinity East Village CDC Developer Selection

Trinity East Village CDC Announces Developer Selection for an Affordable Housing Project, to be
Located in the 2500 Block of McGowen St. Between St. Charles and
Live Oak and Raising Needed Funds for the Project.

Houston, TX, November 09, 2018 --(PR.com)-- Trinity East Village Community Development
Corporation (TEVCDC) announces its selection of NHP Foundation, Inc. (NHPF) as the developer for its
affordable housing development project to be located in historic Third Ward, Texas, at 2500 McGowen
between St. Charles Street and Live Oak Street. NHPF was chosen in part due to its commitment to the
mission of affordable housing in Houston and other urban cities across the country. This housing
development will be the first project as a part of TEVCDC's larger strategy to develop affordable housing
for seniors and other residents desiring to remain in the Third Ward area.

TEVCDC is a faith-based community development corporation sponsored by Trinity East United

Methodist Church under the leadership of Reverend Marilyn White, senior pastor. “TEVCDC's mission is
to acquire property in Third Ward, raise critically needed funds to improve the neighborhood, and
improve residents' quality of life,” said TEVCDC Chair Herbert Green.

“This project will provide much-needed affordable housing for Houstonians, and a much-needed
improvement of the surrounding neighborhood,” said Pastor Marilyn White. “It will also promote the
mission of the church to be our brothers' and sisters' keeper.”

TEVCDC is grateful to the community leaders, local residents, and all of its partners for collaborating to
find innovative solutions to our city's housing needs.

“NHPF's winning-proposal reflects TEVCDC's commitment to finding bold solutions to the affordability
housing needs in Third Ward,” said Curtis Davis, project manager of Emancipation Community
Development Partnership, which is a strategic alliance between the Kinder Foundation, Project Row
Houses, Houston Endowment and the Emancipation Economic Development Council. “We congratulate
TEVCDC and its partners: ECDP, EEDC, APD Urban Planning + Management and NHPF for their
commitment to community improvements that are at the heart of this project.”

NHPF is a not-for-profit real estate organization founded in 1989 and dedicated to preserving and
creating sustainable, service-enriched multifamily housing that is both affordable to low and moderate
income families and seniors, and beneficial to their communities.

Since its founding in 1989, NHPF has financed the acquisition, redevelopment and new construction of
over 14,000 units of affordable housing. Their portfolio of multifamily housing is valued at
approximately $681.6 million financed with debt, equity and capital subsidies working with a multitude
of different lenders and investors. Their portfolio is, in and of itself, a testament to NHPF's capacity to
finance the TEVCDC Project. For more information visit: nhpfoundation.org.

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Contact Information:
Trinity East Village CDC
Deon Warner
713-807-1007
Contact via Email

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/769584

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