The Harris County Housing Finance Corporation (HCHFC), Roers Companies, Houston Housing Finance Corporation, Capstone Real Estate Services, and community partners celebrated the revitalization of Alcott Village, an affordable housing apartment community serving families in East Houston.
The event marked the completion of a $68.8 million renovation that preserves 248 affordable apartment homes while significantly upgrading the property for long-term stability. Located at 6767 Bennington Street, Alcott Village serves households earning up to 60 percent of the area median income (AMI), with 25 units reserved for families earning at or below 50 percent AMI, helping ensure access to safe, affordable housing for residents most in need.
“It’s a momentous occasion when we get to celebrate another development in our portfolio,” said HCHFC Executive Director Rene Martinez. “This project represents a significant investment and means more than new buildings — it means stability and dignity for families who call Alcott Village home.
Harris County needs 20,000 new affordable apartment units each year to meet regional demand,” he added. “Projects like Alcott Village show what’s possible when public and private partners work together with a shared commitment to residents. By reinvesting in this community, we’re ensuring our neighbors have a place they can rely on for years to come.”
Originally built in 2003, Alcott Village’s comprehensive renovation modernized apartment interiors with new appliances, HVAC systems, flooring, lighting, and plumbing fixtures. Exterior improvements included new roofing, site enhancements, updated landscaping, and a resurfaced pool area. Residents also benefit from upgraded amenities such as a new clubhouse theater, fitness center, playground, and refreshed community spaces.
I raised my children here — they’re now grown, and I’m still here and not going anywhere because I love where I live,” Alcott Village resident Doris Lott said. “The upgrades that were made are tremendous, and I truly appreciate everything that’s been done for this community.”
HCHFC served as a general partner and long-term landowner on the project, helping preserve affordability while leveraging public and private financing partnerships to support the renovation. Additional partners included Houston Housing Finance Corporation, the U.S. Department of Housing and Urban Development, and multiple financial institutions that contributed bonds, loans, and tax credit equity.
The revitalization of Alcott Village reflects HCHFC’s ongoing mission to expand and preserve quality affordable housing throughout Harris County. By reinvesting in existing communities, HCHFC helps ensure residents have access to safe, modern homes that support long-term housing stability and opportunity.