Affordable Housing Hub
Low Income (LIHTC)

Prospect Supportive Housing Residence

780 Prospect Ave, Bronx, NY, 10455

Information verified April 17, 2026ยทWe re-check waiting list status daily

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About This Property

Prospect Supportive Housing Residence offers 60 studio units in the Bronx designed for individuals experiencing homelessness. The property, which opened in 2011, is owned and operated by a non-profit organization and financed through HOME funds and tax-exempt bonds. All units serve low-income residents and are supported through 9% Low-Income Housing Tax Credits.

Property Details

Total Units
60
Studio
60

Fair Market Rent - Bronx County, NY

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,386
1 Bedroom$2,451
2 Bedroom$2,752
3 Bedroom$3,434
4 Bedroom$3,700

Income Limits - Bronx County, NY

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$25,100
Very Low (50%)
$41,800
Low (80%)
$66,850
2 Persons
Extremely Low (30%)
$28,650
Very Low (50%)
$47,750
Low (80%)
$76,400
3 Persons
Extremely Low (30%)
$32,250
Very Low (50%)
$53,700
Low (80%)
$85,950
4 Persons
Extremely Low (30%)
$35,800
Very Low (50%)
$59,650
Low (80%)
$95,450
5 Persons
Extremely Low (30%)
$38,700
Very Low (50%)
$64,450
Low (80%)
$103,100
6 Persons
Extremely Low (30%)
$41,550
Very Low (50%)
$69,200
Low (80%)
$110,750
7 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$74,000
Low (80%)
$118,400
8 Persons
Extremely Low (30%)
$47,300
Very Low (50%)
$78,750
Low (80%)
$126,000

Tax Credit Program Details

Year Placed in Service
2011
LIHTC Credit Type
9%
Low-Income Units
60 / 60
Target Population
HomelessAIDS/SPECIAL NEEDS
Funding Programs
HOMETax-Exempt BondRental Assistance
Designations
Non-ProfitDifficult Development AreaQualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Bronx, NY?+

The Fair Market Rent (FMR) for Bronx County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Prospect Supportive Housing Residence is typically 30% of household income or less.

What size apartments are available at Prospect Supportive Housing Residence?+

Prospect Supportive Housing Residence offers the following unit types: 60 Studio units, for a total of 60 units.

Who manages Prospect Supportive Housing Residence?+

Prospect Supportive Housing Residence is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Bronx County, NY?+

For a 4-person household in Bronx County, NY, the income limits are: Extremely Low Income (30% AMI): $35,800, Very Low Income (50% AMI): $59,650, Low Income (80% AMI): $95,450. These limits are set by HUD and updated annually.

Who is eligible to live at Prospect Supportive Housing Residence?+

Prospect Supportive Housing Residence primarily serves formerly homeless individuals, AIDS/SPECIAL NEEDS. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Prospect Supportive Housing Residence?+

Prospect Supportive Housing Residence is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

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Contact Information

Walk Score

Walker's Paradise

91
Walk
100
Transit
74
Bike

Nearby Schools

6,7,8,9,10,11,12,UG
PK,KG,1,2,3,4,5
4
0.1 mi
2
0.1 mi
PK,KG,1,2,3,4,5,6,7,8

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Bronx County, NY

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Housing Resources in Bronx, NY

HUD-Approved Counseling Agencies

NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY BRONX BRANCH

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

THE BRONX NEIGHBORHOOD HOUSING SERVICES CDC, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops