The Center for Pursuit

Houston,
TX
(2020)

The Center for Pursuit

Adult Education, Behavioral Health, College or Vocational Training, Community, Healthcare, Mixed-use, Nonprofit Hub, Restaurants and Catering, Retail, Retail and Commercial, Shelters and Community Food

Financing to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities.

Investment

NMTC Amount: $25,500,000
Total Project Cost: $32,032,829

IMPACT

949 FTE jobs
46 construction jobs
1,000 patients served

CDEs

Local Initiatives Support Corporation, PeopleFund NMTC, Texas Mezzanine Fund, Urban Development Fund (Aries Capital)

Investor

Unknown

Project Description

The proceeds were used to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities. There will be 7 tenants ranging from providing health services, wellness programs, food/coffee/restaurants, retail, and support/employment training.

MAP

Address: 4400 Harrisburg Boulevard, Houston, TX 77011

Census Tract: 48201310400

Other Texas Projects

Avenue Community Development Corporation

Houston,
TX
(2022)

Affordable Housing

CDE(s): Community Housing Capital

$5 million allocation will create approximately 18 homes for low-income buyers with median incomes averaging $36,000 per year. These buyers will receive pre-purchase financial counseling, homebuyer education, and ongoing support.