Affordable Housing Hub
Low Income (LIHTC)

South Side Properties

501 S 2nd Ave, Mt Vernon, NY, 10550

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

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About This Property

South Side Properties offers 39 apartments in Mt. Vernon, NY, including 28 low-income units designed to serve families, elderly residents, and individuals experiencing homelessness. The property, which has been in service since 1991, contains 20 one-bedroom and 8 two-bedroom units and participates in the 4% Low-Income Housing Tax Credit program. The community is managed by an experienced property management team dedicated to maintaining affordable housing in Westchester County.

Property Details

Total Units
39
1 Bedroom
20
2 Bedroom
8

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
1991
LIHTC Credit Type
4%
Low-Income Units
28 / 39
Target Population
FamiliesElderlyHomelessUNSPECIFIED

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 South Side Properties is typically 30% of household income or less.

What size apartments are available at South Side Properties?+

South Side Properties offers the following unit types: 20 One-Bedroom, 8 Two-Bedroom units, for a total of 39 units.

Who manages South Side Properties?+

South Side Properties 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. Actual rent at South Side Properties may be lower for income-eligible households.

Who is eligible to live at South Side Properties?+

South Side Properties primarily serves families, elderly residents, formerly homeless individuals, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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 South Side Properties?+

South Side Properties 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

80
Walk
53
Transit
41
Bike

Nearby Schools

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

Location

Westchester County, NY

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