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Low Income (LIHTC)Waitlist Closed

Acacia Gardens

401 E 120th St, New York, NY, 10035

Information verified June 13, 2026ยทWe re-check waiting list status daily

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About This Property

Acacia Gardens contains 160 low-income units in New York County, serving families across a mix of studio, one-bedroom, two-bedroom, and three-bedroom floor plans. The property has been in service since 2018 and utilizes 4% LIHTC financing. The unit breakdown includes 34 studios, 42 one-bedroom units, 82 two-bedroom units, and 2 three-bedroom units.

Waitlist Information

Waitlist managed by New York City Housing Authority

Public Housing Waitlist
Closed
Apply: Online

The website states to 'Apply for Housing with NYCHA' and provides an application link. However, it does not explicitly state if the waitlist is currently open or closed. It mentions eligibility criteria and income limits.

Last verified April 14, 2026
Section 8 (HCV) Waitlist
Closed

The website mentions 'Partial Reopening of the Waitlist' in June 2020 and June 2022, but does not indicate if the waitlist is currently open. It also mentions that the Emergency Housing Voucher (EHV) program funding will end in late 2026.

Last verified April 8, 2026

Waitlist data provided by section8waitlist.org

Updated June 12, 2026

Property Details

Total Units
160
Studio
34
1 Bedroom
42
2 Bedroom
82
3 Bedroom
2

Fair Market Rent - New York 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 - New York 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

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Tax Credit Program Details

Year Placed in Service
2018
LIHTC Credit Type
4%
Low-Income Units
160 / 160
Target Population
Families
Designations
Difficult Development AreaQualified Census Tract

Frequently Asked Questions

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

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

What size apartments are available at Acacia Gardens?+

Acacia Gardens offers the following unit types: 34 Studio, 42 One-Bedroom, 82 Two-Bedroom, 2 Three-Bedroom units, for a total of 160 units.

Is there a waitlist for Acacia Gardens?+

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.

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

Based on Fair Market Rent for New York County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at Acacia Gardens may be lower for income-eligible households.

Who is eligible to live at Acacia Gardens?+

Acacia Gardens 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 Acacia Gardens?+

Acacia Gardens 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 are the income limits for affordable housing in New York County, NY?+

For a 4-person household in New York 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 manages Acacia Gardens?+

Acacia Gardens is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Walker's Paradise

91
Walk
100
Transit
82
Bike

Nearby Schools

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

Location

New York County, NY

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