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Houston's Star of Hope shining $35M into community for homelessHouston's Star of Hope shining $35M into community for homelesshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=118102016-01-20T06:00:00Z2016-01-20T22:00:00Z

​HOUSTON - One of Houston's most longstanding nonprofits has launched a capital campaign to fund the construction of a 48-acre campus.

Star of Hope, one of Houston's oldest nonprofits dedicated to fighting homelessness, is investing at least $30 million in a new campus in south Houston.

Seven separate permits indicate that at least $34.6 million has been invested in the campus.

The permits were filed by Tellepsen, which specializes in churches and nonprofits. 

Groundbreaking is scheduled for 1Q 2016, and construction should wrap up around the summer of 2017.

The development, dubbed Cornerstone Community, will contain housing units with 600 beds that can occupy 180 women and 105 families. In total, the community will be able to house roughly 500 to 1,000 total individuals. 

The main objective of the community is to serve homeless and single-parent families. Star of Hope also offers job search resources as part of its recovery programs. The community will also offer long-term housing options for members that find gainful employment and "graduate" from the community's transitional living services.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Multifamily
http://www.bizjournals.com/houston/morning_call/2016/01/exclusive-houston-nonprofit-moves-forward-on.htmlSource: {Source}

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