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Low Income (LIHTC)Waitlist Open

Phhp Site # 1

247 E 123rd St, New York, NY, 10035

Information verified July 28, 2026ยทWe re-check waiting list status daily

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About This Property

Phhp Site # 1 is a 40-unit affordable housing property in New York County that has been in service since 1994. The building contains 39 low-income units with a mix of 4 one-bedroom, 31 two-bedroom, and 4 three-bedroom apartments, serving families and homeless individuals. The property is financed through 9% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by New York City Housing Authority

Public Housing Waitlist
Open
Apply: Multiple

Applicants can apply online or use kiosks at NYCHA Customer Contact Centers. Preferences include New York City residents, and single-member households who are elderly or disabled. Priority is also given to certain need-based categories like homeless families or victims of domestic violence.

Last verified July 24, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Online

NYCHA administers the largest Section 8 program in the country. Approximately 107,979 Section 8 vouchers and over 26,933 owners currently participate in the program. There are announcements about partial reopenings of the waitlist in June 2020 and June 2022, but no indication of current open status.

Last verified July 25, 2026

Waitlist data provided by section8waitlist.org

Updated July 28, 2026

Property Details

Total Units
40
1 Bedroom
4
2 Bedroom
31
3 Bedroom
4

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
1994
LIHTC Credit Type
9%
Low-Income Units
39 / 40
Target Population
FamiliesHomeless

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 Phhp Site # 1 is typically 30% of household income or less.

What size apartments are available at Phhp Site # 1?+

Phhp Site # 1 offers the following unit types: 4 One-Bedroom, 31 Two-Bedroom, 4 Three-Bedroom units, for a total of 40 units.

Who is eligible to live at Phhp Site # 1?+

Phhp Site # 1 primarily serves families, formerly homeless individuals. 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 Phhp Site # 1?+

Phhp Site # 1 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.

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 Phhp Site # 1 may be lower for income-eligible households.

Is there a waitlist for Phhp Site # 1?+

Public Housing waitlist is currently Open. 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.

Who manages Phhp Site # 1?+

Phhp Site # 1 is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Walker's Paradise

98
Walk
100
Transit
83
Bike

Nearby Schools

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

Location

New York County, NY

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Housing Resources in New York, NY

HUD-Approved Counseling Agencies

NEW YORK MORTGAGE COALITION

ASIAN AMERICANS FOR EQUALITY

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CENTER FOR NEW YORK CITY NEIGHBORHOODS

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