SEBCO DEVELOPMENT INC
SEBCO Development, Inc. (South East Bronx Community Organization) is a community-based nonprofit housing development company that creates and manages affordable housing and delivers supportive services to improve quality of life in the South Bronx.
About SEBCO DEVELOPMENT INC
SEBCO Development, Inc. is a Bronx-based 501(c)(3) community development corporation focused on affordable housing creation, rehabilitation, property management and resident supportive services. Founded and incorporated as a not-for-profit in the late 1970s, SEBCO grew from neighborhood activists into a major developer active throughout the Southeast Bronx. The organization develops and manages housing, operates homeless shelters and senior programs under municipal contracts, and provides services designed to stabilize low- and moderate-income families. Recent activity includes multiple development projects and ongoing construction to expand affordable housing in the Crotona/Crotona Park East area and other Bronx neighborhoods. Over its multi-decade history SEBCO reports the development or rehabilitation of more than 6,000 housing units across roughly 450 buildings, continued partnerships with city and federal housing agencies, and an operational presence that includes property management and resident support programs.
Notable achievements
6,000+ Affordable Housing Units
SEBCO has developed or rehabilitated over 6,000 units of subsidized housing across the South Bronx, substantially contributing to neighborhood stabilization and housing supply.
Homeless Shelter & Senior Services Operations
SEBCO operates homeless shelter programs and senior centers under contracts with New York City agencies, providing transitional housing, meals, and supportive services to vulnerable residents.
Active Development Pipeline
SEBCO has continued construction and development work in recent years — including projects listed as in-progress such as Crotona Belmont and other residential developments — to expand affordable housing capacity in the Bronx.
At a glance
- Total assets
- $8.1M
- Annual revenue
- $1.8M
- Tax status
- 501(c)(3)Public charity
- EIN
- 13-2944013
- Location
- Bronx, NY
- Website
- www.sebcodevelopment.org
- On Mahalo since
- May 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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