What is SEBCO Development?
SEBCO Development, Inc. is a non-profit organization committed to enhancing the Bronx community through the provision of affordable, secure, and well-maintained housing. Beyond housing, SEBCO offers crucial supportive services designed to elevate the quality of life for families. The organization has been instrumental in the revitalization of the Bronx, successfully executing numerous construction and management projects. Notable initiatives include the Crotona Belmont Senior Housing development, demonstrating SEBCO's dedication to addressing the housing needs of residents. Their impactful work has not only improved lives but also inspired further investment in the Bronx, fostering a renewed sense of optimism and opportunity.
How much funding has SEBCO Development raised?
SEBCO Development has raised a total of $325K across 2 funding rounds:
Debt
$150K
Debt
$175K
Debt (2020): $150K with participation from PPP
Debt (2021): $175K led by PPP
Key Investors in SEBCO Development
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for SEBCO Development?
With a substantial history of securing significant capital, SEBCO Development is well-positioned for continued expansion and impact in the affordable housing sector. The recent major strategic investment signals strong confidence from backers in SEBCO's mission and operational capabilities. This financial reinforcement will likely fuel further development projects, enhance existing property management, and expand the scope of supportive services offered to Bronx residents. The organization's focus on community revitalization and sustainable housing solutions suggests a trajectory aimed at deepening its influence and creating lasting positive change within the communities it serves.
See full SEBCO Development company page
