Low Income (LIHTC)Waitlist Closed

The Aspen

1955 1st Ave, New York, NY, 10029

Information verified May 28, 2026·We re-check waiting list status daily

Example Photo

About This Property

The Aspen contains 231 units in New York County, including 46 low-income units financed through 4% Low-Income Housing Tax Credits and tax-exempt bonds. The property has been in service since 2004.

Waitlist Information

Waitlist managed by New York City Housing Authority

Public Housing Waitlist

Closed

Apply: Online

The website provides information on how to apply for public housing and check application status, but does not state if the waitlist is currently open. Income limits are provided.

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 funding for the Emergency Housing Voucher (EHV) program will end in late 2026.

Last verified April 8, 2026

Waitlist data provided by section8waitlist.org

Updated May 28, 2026

Property Details

Total Units

231

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.

Bedrooms	FMR
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

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

Tax Credit Program Details

Year Placed in Service

2004

LIHTC Credit Type

Low-Income Units

46 / 231

Funding Programs

Tax-Exempt Bond

Designations

Qualified 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 The Aspen is typically 30% of household income or less.

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 The Aspen?+

The Aspen is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at The Aspen?+

The Aspen 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.

Is there a waitlist for The Aspen?+

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.

Begin Application Now