Affordable Housing Hub
Low Income (LIHTC)

Pss Grandparent Family Apts

951 Prospect Ave Ofc 5, Bronx, NY, 10459

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Pss Grandparent Family Apts comprises 51 units in the Bronx, with 50 designated as low-income housing. The property, which entered service in 2005, includes 40 two-bedroom and 11 three-bedroom units designed to serve families. The development utilizes 9% Low-Income Housing Tax Credits for financing.

Property Details

Total Units
51
2 Bedroom
40
3 Bedroom
11

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
2005
LIHTC Credit Type
9%
Low-Income Units
50 / 51
Target Population
Families
Designations
Qualified 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 Pss Grandparent Family Apts is typically 30% of household income or less.

What size apartments are available at Pss Grandparent Family Apts?+

Pss Grandparent Family Apts offers the following unit types: 40 Two-Bedroom, 11 Three-Bedroom units, for a total of 51 units.

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 Pss Grandparent Family Apts?+

Pss Grandparent Family Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Pss Grandparent Family Apts?+

Pss Grandparent Family Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Bronx, NY?+

Based on Fair Market Rent for Bronx County, the estimated price range is: 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at Pss Grandparent Family Apts may be lower for income-eligible households.

How do I apply for housing at Pss Grandparent Family Apts?+

Pss Grandparent Family Apts 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

93
Walk
100
Transit
61
Bike

Nearby Schools

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