Urban Pathways Delivers $38M Affordable Housing Project in the Bronx

• Urban Pathways completes 79-unit supportive housing project
• Development includes 55 units with on-site services
• Located in Crotona Park East, Bronx

What the project delivers

The Frederick Shack Residence has officially completed construction at 1405 Boston Road in the Bronx, bringing 79 studio apartments to the Crotona Park East neighborhood. The $38 million development replaces an older 29-unit facility and significantly expands capacity. The project is fully affordable and includes supportive housing for vulnerable residents. This reflects continued investment in supportive and affordable housing across New York City.

Why supportive housing is growing

Out of the 79 units, 55 are designated for residents receiving on-site support services. These programs are backed by public funding and aim to provide long-term housing stability. Supportive housing combines residential units with services, making it a critical part of addressing homelessness and housing insecurity. For developers, this sector is supported by government funding and strong demand.

What sets this project apart

The building is fully electric and designed to meet modern sustainability standards, including energy-efficient systems and a solar array. It also includes accessibility features, with units designed for residents with mobility and sensory needs. Amenities such as a recreation room, shared kitchen, and landscaped outdoor space enhance livability.

What this means for the Bronx

Projects like this help expand affordable housing supply in underserved neighborhoods. Crotona Park East continues to see investment aimed at improving housing options and community infrastructure. Replacing outdated buildings with modern developments increases both capacity and quality.

What this means for investors and landlords

Supportive housing is a specialized asset class with stable occupancy driven by need-based demand. While returns are often tied to public funding, these projects offer long-term stability. For investors, this highlights the role of public-private partnerships in housing development. As cities continue to prioritize affordability, developments like this will remain a key part of the housing pipeline.