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Low Income (LIHTC)

The Modern

130 Mount Vernon Ave, Mount Vernon, NY, 10550

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

The Modern offers 81 affordable units in Mount Vernon, Westchester County, with a mix of studio, one-bedroom, and two-bedroom floor plans. The property participates in the 4% Low-Income Housing Tax Credit program. Prospective residents can contact the property for current availability and application information.

Property Details

Studio
9
1 Bedroom
27
2 Bedroom
45

Fair Market Rent - Westchester County, NY

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

BedroomsFMR
Studio/Efficiency$1,648
1 Bedroom$1,934
2 Bedroom$2,352
3 Bedroom$2,885
4 Bedroom$3,132

Income Limits - Westchester County, NY

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

1 Person
Extremely Low (30%)
$26,800
Very Low (50%)
$44,650
Low (80%)
$63,400
2 Persons
Extremely Low (30%)
$30,600
Very Low (50%)
$51,000
Low (80%)
$72,450
3 Persons
Extremely Low (30%)
$34,450
Very Low (50%)
$57,400
Low (80%)
$81,500
4 Persons
Extremely Low (30%)
$38,250
Very Low (50%)
$63,750
Low (80%)
$90,550
5 Persons
Extremely Low (30%)
$41,350
Very Low (50%)
$68,850
Low (80%)
$97,800
6 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$73,950
Low (80%)
$105,050
7 Persons
Extremely Low (30%)
$47,450
Very Low (50%)
$79,050
Low (80%)
$112,300
8 Persons
Extremely Low (30%)
$50,500
Very Low (50%)
$84,150
Low (80%)
$119,550

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Tax Credit Program Details

Year Placed in Service
9999
LIHTC Credit Type
4%

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Westchester County, NY is: $1648 (Studio), $1934 (1BR), $2352 (2BR), $2885 (3BR), $3132 (4BR). Actual rent at subsidized properties like The Modern is typically 30% of household income or less.

What size apartments are available at The Modern?+

The Modern offers the following unit types: 9 Studio, 27 One-Bedroom, 45 Two-Bedroom units.

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

For a 4-person household in Westchester County, NY, the income limits are: Extremely Low Income (30% AMI): $38,250, Very Low Income (50% AMI): $63,750, Low Income (80% AMI): $90,550. These limits are set by HUD and updated annually.

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

Based on Fair Market Rent for Westchester County, the estimated price range is: 1-bedroom: $1934, 2-bedroom: $2352. Actual rent at The Modern may be lower for income-eligible households.

Who manages The Modern?+

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

How do I apply for housing at The Modern?+

The Modern 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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Walk Score

Very Walkable

81
Walk
72
Transit
32
Bike

Nearby Schools

7,8,9,10,11,12,UG
PK,KG,1,2,3,4,5,6
3
0.4 mi
9,10,11,12,UG
KG,1,2,3,4,5

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

Location

Westchester County, NY

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