August 25, 2021
City Council Approves Affordable Apartment Development for Seniors in the Galleria Area
Houston Mayor Sylvester Turner and City Council today approved $15.5 million for the development of Richmond Senior Village, marking the first construction of affordable apartments for seniors in the Galleria area in over 15 years. Richmond Senior Village – a 125-apartment home development – will be funded through the Harvey Multifamily Program, the City’s long-term recovery initiative led by the Housing and Community Development Department (HCDD).
“This is a great project for seniors, and we will continue to prioritize the building of affordable homes and apartments throughout the city,” Mayor Sylvester Turner said. “Houston is strong and resilient, and this is a wonderful example of how we are building forward.”
“Through this program and the support of our partners at the federal and local level, we are contributing to a neighborhood’s revitalization efforts by replacing a neglected office complex with new apartments for seniors,” said Ray Miller, HCDD’s assistant director for multifamily and public facilities. This development allows us to provide seniors of all income levels safe, resilient homes in a prime area of the city where there is a shortage of affordable options.”
Richmond Senior Village will include one- and two-bedroom apartments, 80% of which will be offered to low- and very-low-income seniors (age 55 and older). For a one-bedroom apartment, this means a household with an income of $33,300 per month will pay less than $850 per month in rent. Market-rate apartments will also be available. The property will offer amenities, including a fitness center, business center, and dog play area. Located near Richmond Avenue and Chimney Rock Road, the community provides easy access to necessities, including a grocery store, pharmacy, health clinic, library, and public transportation. Construction of the development will begin by the end of September 2021.
The total project cost is approximately $36.5 million, including the $15.5 million from the City’s Harvey Multifamily Program. The program is funded through the U.S. Department of Housing and Urban Development and receives input from the Texas General Land Office.
Information on the communities making up the Harvey Multifamily Program can be found online at recovery.houstontx.gov/multifamily. In total, the program will create over 4,300 storm-resilient apartments that will provide options for affordability, supportive services, and resource access.
The City of Houston Housing and Community Development (HCDD) makes long-term investments to better the lives of Houston residents by creating opportunities for every Houstonian to have a home they can afford in a community where they can thrive. Our department will spend approximately $450 million in federal, state, and local funding this fiscal year to construct and maintain affordable homes, reduce barriers to homeownership, support the work of social service providers, build public amenities, and facilitate disaster recovery efforts. Learn more about programs and resources for Houstonians at www.houstontx.gov/housing.