Building strong neighborhoods with affordable housing and community programs

New Settlement

Our largest project, New Settlement Apartments in the Mount Eden section of the Bronx, began in 1990 with the acquisition and renovation of 14 abandoned buildings, the construction of two new buildings, and the acquisition of another building to create 1,082 affordable homes for more than 3,500 people, 30% of whom were once homeless. New Settlement provides a wide-range of programming for children, youth and families living in our buildings and the surrounding area. 

 

The combination of scale and favorable financing transformed one of the worst areas of New York City into a vibrant mixed-income neighborhood. Under the leadership of Jack Doyle, Executive Director, New Settlement has become a thriving community with programs like the College Access Center and the Parent Action Committee, which promote education success for youth in schools throughout the district and beyond.

Settlement Housing Fund and New Settlement collaborated with the NYC School Construction Authority and Department of Education to develop a 172,000 sq. ft. facility that includes public schools spanning pre-K through 12th grade public, as well as special education classrooms, an onsite student health clinic, and an attached community center with dance studios, classrooms, a roof garden, and a 75-foot five-lane swimming pool. This innovative, state-of-the-art Community Campus addresses both the need to alleviate overcrowded schools and the need for space to accommodate expansion and enhancement of New Settlement’s community programs for youth and families. The New Settlement Community Campus opened in September 2012 and graduated it's first class of seniors in 2016. 

We continue to add to and improve the New Settlement Apartment community. In December of 2018, we completed construction of a 60-unit building on what has been a parking lot for New Settlement staff. Financing includes 9% Low Income Housing Tax Credits, State Low Income Housing Tax Credits, Project-Based Vouchers from New York State, and a low-interest loan from the City of New York. The project embodies SHF's commitment to creating a housing continuum - it includes apartments for formerly homeless families, very low income households, through moderate incomes.

A major rehabilitation to the original 14 buildings at New Settlement was also completed within the past year, upgrading 893 apartments with new kitchens and baths, and the buildings with systems improvements including the largest solar panel installation on a privately owned affordable housing development. The project ensures that the apartments will remain affordable for at least another 60 years.

 

Jack Doyle, Executive Director

 

New Settlement Apartments

1512 Townsend Avenue

Bronx, NY  10452

718-716-8000

 

 

 

 

 

 

 

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