Building strong neighborhoods with affordable housing and community programs

New Projects

1561 Walton Avenue is Settlement Housing Fund’s latest affordable housing development at New Settlement Apartments in the southwest Bronx, where we now own 18 residential buildings with 1,082 units, including 30% set aside for homeless families. The project, co-developed with The Briarwood Organization, creates 60 new units of high quality, energy efficient affordable housing for households earning from 40% to 90% of area median income, as well as for 9 homeless families, with additional outdoor and community program space. The project adds to the affordable housing stock in Mt. Eden and continues Settlement Housing Fund’s mission to create quality permanent housing for mixed income households and homeless families. 1561 Walton also launches a new affordable housing development pipeline to help meet the community’s need for deeper affordability in an area bordering the Jerome Avenue rezoning district.


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