Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Park Lake Apts

21 Mlk Dr, Hempstead, NY, 11550

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

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About This Property

Park Lake Apts contains 240 low-income units in Hempstead, NY, with a unit mix of 100 two-bedroom and 140 three-bedroom apartments designed to serve families. The property, which opened in 2006, is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits. The development provides affordable rental housing in Nassau County.

Waitlist Information

Waitlist managed by Village of Hempstead Housing Authority

Public Housing Waitlist
Closed
Apply: Online

When open, applications are for elderly (62+) and disabled adults (receiving SSD or SSI) for studio and one-bedroom apartments. Selection is by computerized lottery with priority for Village of Hempstead residents/workers and veterans.

Last verified February 6, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Online

The waiting list for the Housing Choice Voucher Program (Section 8) was open from February 12, 2024, to February 13, 2024, and was selected by lottery. Only 100 applications were selected. Income limits apply.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
240
2 Bedroom
100
3 Bedroom
140

Fair Market Rent - Nassau County, NY

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

BedroomsFMR
Studio/Efficiency$1,708
1 Bedroom$2,144
2 Bedroom$2,508
3 Bedroom$3,246
4 Bedroom$3,521

Income Limits - Nassau County, NY

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

1 Person
Extremely Low (30%)
$27,300
Very Low (50%)
$45,500
Low (80%)
$66,450
2 Persons
Extremely Low (30%)
$31,200
Very Low (50%)
$52,000
Low (80%)
$75,950
3 Persons
Extremely Low (30%)
$35,100
Very Low (50%)
$58,500
Low (80%)
$85,450
4 Persons
Extremely Low (30%)
$38,950
Very Low (50%)
$64,950
Low (80%)
$94,900
5 Persons
Extremely Low (30%)
$42,100
Very Low (50%)
$70,150
Low (80%)
$102,500
6 Persons
Extremely Low (30%)
$45,200
Very Low (50%)
$75,350
Low (80%)
$110,100
7 Persons
Extremely Low (30%)
$48,300
Very Low (50%)
$80,550
Low (80%)
$117,700
8 Persons
Extremely Low (30%)
$51,450
Very Low (50%)
$85,750
Low (80%)
$125,300

Tax Credit Program Details

Year Placed in Service
2006
LIHTC Credit Type
4%
Low-Income Units
240 / 240
Target Population
Families
Funding Programs
Tax-Exempt Bond
Designations
Qualified Census Tract

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Nassau County, NY is: $1708 (Studio), $2144 (1BR), $2508 (2BR), $3246 (3BR), $3521 (4BR). Actual rent at subsidized properties like Park Lake Apts is typically 30% of household income or less.

What size apartments are available at Park Lake Apts?+

Park Lake Apts offers the following unit types: 100 Two-Bedroom, 140 Three-Bedroom units, for a total of 240 units.

Who is eligible to live at Park Lake Apts?+

Park Lake Apts primarily serves families. 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 Park Lake Apts?+

Park Lake 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.

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

Based on Fair Market Rent for Nassau County, the estimated price range is: 2-bedroom: $2508, 3-bedroom: $3246. Actual rent at Park Lake Apts may be lower for income-eligible households.

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

For a 4-person household in Nassau County, NY, the income limits are: Extremely Low Income (30% AMI): $38,950, Very Low Income (50% AMI): $64,950, Low Income (80% AMI): $94,900. These limits are set by HUD and updated annually.

Who manages Park Lake Apts?+

Park Lake Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Park Lake Apts?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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Walk Score

Very Walkable

73
Walk
42
Transit
63
Bike

Nearby Schools

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

Location

Nassau County, NY

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Housing Resources in Hempstead, NY

HUD-Approved Counseling Agencies

COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND

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