New Hope Housing Savoy

6301 Savoy Dr., Houston, Texas 77036

Contact New Hope Housing Savoy

Newly constructed in Southwest Houston, Savoy features affordable 1-, 2-, and 3-bedroom apartment homes for families and individuals with modest incomes.

Savoy sits in the Gulfton/Sharpstown neighborhood, tucked away in a quiet area in one of Houston’s most culturally diverse regions. Residents are only minutes from employment opportunities, parks, a community center, and public services. Live at Savoy — where culture, community, and comfort meet.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	From $498 To $1,014
Two Bedroom (2/2)	-	From $598 To $1,208
Three Bedroom (3/2)	-	From $691 To $1,464

This property is currently under construction.

Eligibility for New Hope Housing Savoy

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Houston but actual income limits may differ for units at New Hope Housing Savoy.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$32,650	$37,300	$41,950	$46,600	$50,350	$54,100
Low Income (60%)	$39,180	$44,760	$50,340	$55,920	$60,420	$64,920

New Hope Housing Savoy Details

120 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Community Room
Organized Activities
24hr Emergency Maintenance
Grilling Area
Courtyard
Resident Lounge

Unit Amenities

Washer and Dryer Hookup
Walk-in Closet(s)
Energy Efficient Appliances

Office Hours

Day	Hours
Monday	9:00am-6:00pm
Tuesday	9:00am-6:00pm
Wednesday	9:00am-6:00pm
Thursday	9:00am-6:00pm
Friday	9:00am-6:00pm
Saturday	10:00am-2:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.