AMTEX’s Richcrest Apartments received the CoStar Impact Award 2023 for Development of the Year in Houston. Richcrest Apartments is a new 288-unit affordable rental housing community with a mix of apartments for low-income individuals and families earning between 30% and 60% of the Area Median Income.
AMTEX partnered with the City of Houston and the Harris County Community Services Department to bring this affordable housing community to life. The development was made possible via private investments and the help of federal disaster recovery funding made available through the U.S. Department of Housing and Urban Development (HUD) for recovery from Hurricane Harvey. Hurricane Harvey and other recent storms destroyed 3,000 housing units in the Houston area.
We also partnered with YMCA and provided them with space and resources on-site to so they can offer after-school enrichment programming, classes and supportive services to residents.
Richcrest Apartments is serving families and their needs by providing high-quality, affordable housing with modern amenities and on-site services. All apartments offer contemporary living for residents. Amenities include balconies with patios overlooking the shared outdoor space and modernized kitchens and bathrooms to provide the most comfortable living environment for families.
Read more about Richcrest Apartments’ win of the CoStar award here.