Affordable Housing Hub
Low Income (LIHTC)

Grace Towers Housing Ii

E THIRD ST, Mt Vernon, NY

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

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About This Property

Grace Towers Housing II offers 133 apartments across 44 one-bedroom, 88 two-bedroom, and 1 three-bedroom units in Mt. Vernon, Westchester County. The property includes 117 low-income units and has been in service since 2010, financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The community serves residents seeking affordable housing options in the area.

Property Details

Total Units
133
1 Bedroom
44
2 Bedroom
88
3 Bedroom
1

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

Tax Credit Program Details

Year Placed in Service
2010
LIHTC Credit Type
4%
Low-Income Units
117 / 133
Funding Programs
Tax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in Mt 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 Grace Towers Housing Ii is typically 30% of household income or less.

What size apartments are available at Grace Towers Housing Ii?+

Grace Towers Housing Ii offers the following unit types: 44 One-Bedroom, 88 Two-Bedroom, 1 Three-Bedroom units, for a total of 133 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.

How do I apply for housing at Grace Towers Housing Ii?+

Grace Towers Housing Ii 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.

Who manages Grace Towers Housing Ii?+

Grace Towers Housing Ii is managed by . You can reach them at . Visit their website for more information.

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

Based on Fair Market Rent for Westchester County, the estimated price range is: 1-bedroom: $1934, 2-bedroom: $2352, 3-bedroom: $2885. Actual rent at Grace Towers Housing Ii may be lower for income-eligible households.

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Location

Westchester County, NY

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