Mount Hope Housing Company continues to service Bronxites in these difficult times through the development of new affordable housing.
On Thursday, May 7, future tenants, community leaders, elected officials, and involved parties were invited to join the ribbon cutting and grand opening ceremony of the New Hope Walton Project, located 1775 Walton Avenue.
“This is about the revitalization of our borough and having a place where residents can rest their heads and have a home they can be proud of,” said Borough President, Ruben Diaz, Jr. “This is a new day in the Bronx where we are all going to work together to ensure our Bronxites get the best, and that is what we see here today.”
The new building features 63-affordable housing units, incorporating a green design with the selection of non-toxic construction materials to increase tenant air quality and health.
Mount Hope Housing Company is a nonprofit community development organization founded by local residents in 1986 to fight the economic decay and community disinvestment of the Mount Hope region.
“This is a hallmark for this organization,” said Shaun Belle, President and CEO of Mount Hope Housing Company. “It provides affordable housing that it key for our tenants. We were able to deliver a project that we are proud of, that was on time and under budget.”
With the addition of this new project, Mount Hope Housing Company is now responsible for 1,313 affordable housing units throughout 32 buildings.
The New Hope Walton Project was a collaborative effort with funding and support from Enterprise Community Partners, Inc., The New York City Housing Development Corporation, the New York City Department of Housing Preservation & Development, and Citibank.
“I truly feel relieved that this new building is complete,” said Mariam Balde, tenant. “We were living in a homeless shelter in Queens, but now my husband and I will have a stable and safe home to raise our two children.”