The Harris County Housing Authority, Harris County – Community Services Department (HCCSD), Harris County Precinct One Commissioner Rodney Ellis, the Texas General Land Office (GLO), and development partner – an affiliate of Atlantic Pacific Companies (A|P) announce the grand opening of The Arbor at Wayforest, a multifamily development to replace housing lost during Hurricane Harvey.
The Arbor at Wayforest is financed with Harris County’s Community Development Block Grant – Disaster Recovery (CDBGDR) funds in conjunction with construction financing and tax credit equity from Bank of America and private permanent financing from Citi Community Capital. The $36M community will create 192 beautiful new apartment homes for families seeking quality housing in the Greenspoint area.
Harris County Precinct One Commissioner, Rodney Ellis; Harris County Community Services Department Executive Director, Thao Costis; Harris County Housing Authority; Texas General Land Office; and Atlantic Pacific Companies.
“The affordability crisis that leads to evictions and inhabitability in Harris County is extraordinary. We must alleviate those obstacles through projects like The Arbor at Wayforest as well as the tenant protection program Commissioners Court passed last year. This is the kind of project that every Harris County resident deserves. Everyone should be able to choose to live in the neighborhood of their choice, but they can’t do that if this County doesn’t support affordable housing in all neighborhoods for all residents. This represents just one of many Countyled affordable housing investments to come,” said Harris County Precinct One Commissioner Rodney Ellis.
“The Harris County Housing Authority’s mission is to provide quality affordable housing and assist residents in achieving economic independence. Hurricane Harvey exasperated the affordable housing stock throughout Harris County. This is an opportunity to help improve the quality of life for 192 families through sustainable affordable housing,” said Melissa Quijano, Acting Chief Executive Officer, Harris County Housing Authority.
“Hurricane Harvey devastated Houston and has had a lasting impact on our city. While communities continue to recover from the storm, Houstonians have stepped up to help their neighbor. This really speaks volumes to the heart of our city and our people. At Bank of America, we share the same spirit. Helping communities is a part of our fabric. We are honored to be part of the team helping to rebuild homes for families that lost theirs to the storm,” said Hong Ogle, Houston Market President, Bank of America.
“The Arbor at Wayforest is designed to provide each resident a high-quality place to live where their families can thrive,” said A|P Executive Vice President, Dan Wilson. “We are proud to be a part of Harris County’s extraordinary effort to deliver high-quality affordable housing to families in need. This beautiful new community is going to improve lives and we look forward to the substantial positive impact it will have on the residents that call it home.”
WHERE: The Arbor at Wayforest 17744 Wayforest Drive, Houston, TX 77060
Notable community members were in attendance including Harris County Housing Authority Chairman of the Board Gerald Womack, Harris County Housing Authority Executive Director Melissa Quijano, Bank of America Senior VP and Community Development Banking Cassandra Silvernail, Deputy Director of Policy at Harris County Precinct One Janae Ladet, and more.
“We’re so excited about the partnership that we’ve had with the developers, the banks, and also the community and our elected officials. We’re thrilled today to have this opening and we know that this is the dream of families to be able to move into a brandnew home with all of the amenities,” said Gerald Womack, Harris County Housing Authority Chairman of the Board.