About This Property
Park Lake Apts contains 240 low-income units in Hempstead, NY, with a unit mix of 100 two-bedroom and 140 three-bedroom apartments designed to serve families. The property, which opened in 2006, is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits. The development provides affordable rental housing in Nassau County.
Waitlist Information
Waitlist managed by Village of Hempstead Housing Authority
Expected waiting time for elderly/disabled is two to eight years. Selection is by computerized lottery, with preferences for applicants who live or work in the Village of Hempstead and veterans. This program offers studio and one-bedroom apartments for elderly (62+) and disabled adults (receiving SSD or SSI) with specific income limits.
The waiting list for the Housing Choice Voucher Program (Section 8) was open from February 12, 2024, to February 13, 2024, and was selected by lottery. Only 100 applications were selected. Income limits apply.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Nassau 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 | $1,708 |
| 1 Bedroom | $2,144 |
| 2 Bedroom | $2,508 |
| 3 Bedroom | $3,246 |
| 4 Bedroom | $3,521 |
Income Limits - Nassau County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $27,300
- Very Low (50%)
- $45,500
- Low (80%)
- $66,450
- Extremely Low (30%)
- $31,200
- Very Low (50%)
- $52,000
- Low (80%)
- $75,950
- Extremely Low (30%)
- $35,100
- Very Low (50%)
- $58,500
- Low (80%)
- $85,450
- Extremely Low (30%)
- $38,950
- Very Low (50%)
- $64,950
- Low (80%)
- $94,900
- Extremely Low (30%)
- $42,100
- Very Low (50%)
- $70,150
- Low (80%)
- $102,500
- Extremely Low (30%)
- $45,200
- Very Low (50%)
- $75,350
- Low (80%)
- $110,100
- Extremely Low (30%)
- $48,300
- Very Low (50%)
- $80,550
- Low (80%)
- $117,700
- Extremely Low (30%)
- $51,450
- Very Low (50%)
- $85,750
- Low (80%)
- $125,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $27,300 | $45,500 | $66,450 |
| 2 Persons | $31,200 | $52,000 | $75,950 |
| 3 Persons | $35,100 | $58,500 | $85,450 |
| 4 Persons | $38,950 | $64,950 | $94,900 |
| 5 Persons | $42,100 | $70,150 | $102,500 |
| 6 Persons | $45,200 | $75,350 | $110,100 |
| 7 Persons | $48,300 | $80,550 | $117,700 |
| 8 Persons | $51,450 | $85,750 | $125,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hempstead, NY?+
The Fair Market Rent (FMR) for Nassau County, NY is: $1708 (Studio), $2144 (1BR), $2508 (2BR), $3246 (3BR), $3521 (4BR). Actual rent at subsidized properties like Park Lake Apts is typically 30% of household income or less.
What size apartments are available at Park Lake Apts?+
Park Lake Apts offers the following unit types: 100 Two-Bedroom, 140 Three-Bedroom units, for a total of 240 units.
How do I apply for housing at Park Lake Apts?+
Park Lake Apts 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 Park Lake Apts?+
Park Lake Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Park Lake Apts?+
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.
Who is eligible to live at Park Lake Apts?+
Park Lake Apts primarily serves families. 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 Nassau County, NY?+
For a 4-person household in Nassau County, NY, the income limits are: Extremely Low Income (30% AMI): $38,950, Very Low Income (50% AMI): $64,950, Low Income (80% AMI): $94,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Hempstead, NY?+
Based on Fair Market Rent for Nassau County, the estimated price range is: 2-bedroom: $2508, 3-bedroom: $3246. Actual rent at Park Lake Apts may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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