New Settlement Apartments

Scattered Sites, New York City, New York 10452

New Settlement Apartments, in the Mount Eden section of the Bronx, opened in 1990 following the renovation and acquisition of 14 abandoned buildings from the City of New York. Settlement Housing has continued to develop in the community through additional acquisitions and new construction to create 1,140 affordable homes for thousands of New Yorkers, including 30% who had been living in shelters. New Settlement has thrived with programs for young people and families that are found throughout our buildings and include the New Settlement Community Center, the College Access Center and the Parent Action Committee.

Eligibility for New Settlement Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New York City but actual income limits may differ for units at New Settlement Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$49,450	$56,500	$63,550	$70,600	$76,250	$81,900	$87,550	$93,200
Low Income (60%)	$59,340	$67,800	$76,260	$84,720	$91,500	$98,280	$105,060	$111,840

New Settlement Apartments Details

1140 bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Library
Organized Activities
Community Media Center
On-Site Social Services
Courtyard
Swimming pool
Community Center
After School Program
Play Area

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.