New Hope Housing 2424 Sakowitz

Coats Rose Directors Scott Marks and Barry Palmer worked on the application and secured a low income tax credit with the City of Houston to finance 166 affordable housing units.

  • The Coats Rose team closed financing and managed to obtain LEED certification for the project by implementing energy saving operations during construction.
  • Sakowitz is the first LEED certified affordable housing in the State of Texas.
  • The property is convenient to downtown and METRO bus lines.
  • It features a fully-furnished TV lounge, living/dining rooms, and library.
  • A life skills training/business center and fully-equipped kitchen is available at the development. Residents can enjoy outdoor horseshoe pits and cooking facilities, movie nights and other community activities.


9 Greenway Plaza, Ste. 1000
Houston, Texas 77046
Phone: 713.651.0111
Fax: 713.651.0220
Toll Free: 800.535.2701


14755 Preston Road
Suite 600
Dallas, Texas 75254
Phone: 972.788.1600
Fax: 972.702.0662


Terrace 2
2700 Via Fortuna, Suite 350
Austin, Texas 78746
Phone: 512.469.7987
Fax: 512.469.9408
Toll Free: 855.679.6763

San Antonio

1020 Northeast Loop 410, Ste. 800
San Antonio, Texas 78209
Phone: 210.224.7098
Fax: 210.212.5698
Toll Free: 800.862.5079

New Orleans

365 Canal Street, Ste. 800
New Orleans, Louisiana 70130
Phone: 504.299.3070
Fax: 504.299.3071
Toll Free: 888.435.8214


PNC Center
201 E. 5th Street, Suite 1810
Cincinnati, OH 45202
Phone: 513.830.0261
Fax: 513.672.0381