Building strong neighborhoods with affordable housing and community programs
Our Values
Affordable housing combined with programs, resident services and neighborhood amenities creates healthy and sustainable communities.
We focus on providing housing for households with the lowest incomes or who are experiencing homelessness, as well as moderate income households to sustain economically diverse communities.
A concentration of development investments allows us to make a significant impact in a neighborhood.
Our buildings are well-maintained, safe and positive places for people to live.
The Work
Through nonprofit affiliates, Settlement Housing Fund currently owns 35 buildings with 1,978 apartments in the Bronx, Brooklyn and Manhattan. Our largest concentration of housing and programs is in the Mt. Eden section of the Bronx, where a newly constructed affordable housing development and a recent acquisition brings the total number of buildings we own there to 19. We also recently completed a major rehabilitation project, which upgraded kitchens and bathrooms in 893 units of the original 14 buildings at New Settlement, making the buildings more energy efficient, with systems upgrades that include the largest solar panel installation on a privately owned affordable housing development in New York City. The buildings will remain affordable for at least another 60 years and will continue to set aside 30 percent of apartments for formerly homeless families.
We are currently in pre-development planning for three new buildings and the rehabilitation of 13 existing buildings that we own or will acquire in the Bronx and in Brooklyn. Our current new construction project -- Twin Parks Terrace -- is a NYCHA PACT development that will create 182 units of affordable housing with commercial and program space for workforce development and social services, as well as recreation and garden spaces in the Fordham Heights section of the Bronx.
Organizational Brochure