SPECULOOS (for Search For Habitable Planets Eclipsing Ultra-Cool Stars, the acronym is a pun on a type of cookie) plans to study Earth-sized Extra-Solar Planets orbiting 1000 nearby Ultracool Dwarves i.e., M Dwarves and cooler. It will consist of 4 1m telescopes at Paranal Observatory on the Atacama Desert in Chile.
It would seem these are possible candidates for Direct Imaging in the future: the dim stars would make that easier but the their Habitable Zone would be very close to the star.
I gather this survey plans to discover them through Transits. The telescopes cover the Near Infrared as much of the Electromagnetic Radiation from these stars will be in that range.