OLR MM APTS - MANIDA STREETIncome-based apartments (LIHTC tax credit · 60% AMGI AMI) in Bronx, New York
Best fit
Income-based, 60% AMI
Rent
Contact for pricing
Floor plans
1 Bed • 2 Bed • 3 Bed
Total Units
143
Studio / Efficiency
2 units
Year Built / Opened
2012
Waitlist expected. Click Check Eligibility below to generate your ready-to-print application materials so you're first in line.
Neighborhood & Amenities
Walk Score®
90/100• Walker's Paradise
Transit Score®
83/100• Excellent Transit
Bike Score®
67/100• Bikeable
Walk Score®, Transit Score®, and Bike Score® are trademarks of Walk Score and Redfin.
How Walk Score worksHow rent works
What this means for you
This property includes LIHTC tax credit · 60% AMGI AMI. Rent rules can change by unit, so ask the office which program applies to the apartment you want.
LIHTC: These are income-based apartments with rent limits tied to the local Area Median Income (AMI) — not market-rate rent. The local 4-person AMI for the 10474 zip code is $48,666 (2024 data). Rent limits are set from that number. If this property also has rental assistance, some tenants may pay about 30% of adjusted income.
How income limits work
To qualify for these apartments at OLR MM APTS - MANIDA STREET, your total household income must fit the local Area Median Income (AMI) limits for Bronx and the 10474 zip code. The exact rules can vary by program and by household size.
This property includes LIHTC tax credit · 60% AMGI AMI. Check the program labels on this page and confirm the exact unit rules with management before you apply.
Local Median (1-Person)
$34,066
Local Median (4-Person)
$48,666
Based on the latest 2024 census data, the figures above show the local median earnings for this area. Management will generally require your household income to be at or below 50% of these median figures.
Services & Accessibility
Wheelchair & Mobility AccessVerify
Not explicitly confirmed. Call ahead to verify elevator availability and doorway widths before applying.
Management & Ownership
Management Company
PATHS MANAGEMENT SERVICES, LLC
Property Owner
OMNI NEW YORK LLC
For Profit
Who can live here
Rent-Restricted Units
137 of 143 total
income-restricted tax credit apartments
Rent-Restricted Until
~2012
Minimum 30-year LIHTC legal commitment
Income Limit
60% AMGI
Your household income must be at or below this % of Area Median Income — roughly $29,200/yr for a 4-person household in 10474 (2024 data)
Additional Financing Sources
How do Tax Credit Apartments work?
Olr mm apts - manida street is a Low Income Housing Tax Credit (LIHTC) apartment community in Bronx, New York. LIHTC properties — also called Section 42 housing or tax credit apartments — are income-restricted rentals developed with federal tax credits administered by state Housing Finance Agencies (HFAs). Qualifying residents pay rent based on a percentage of the Area Median Income (AMI) for Bronx. Based on 2024 data, the local AMI for the 10474 zip code is $34,066 for a single person and $48,666 for a 4-person household. These figures make Bronx tax credit apartments among the most affordable rentals available without a Section 8 voucher.
To qualify, your total household income must fall at or below the income limit set for this property — currently 60% AMGI of AMI. That works out to approximately $29,200/yr for a 4-person household in the 10474 area. Unlike public housing, LIHTC income-restricted apartments are privately managed and require you to apply directly to the property. Rent is fixed at a discounted rate tied to AMI — not to your specific income — so your monthly payment stays predictable.
By law, LIHTC properties must remain rent-restricted for a minimum of 30 years. Olr mm apts - manida street was placed in service around 2012, keeping rents income-restricted at least through ~2012.
Before You Apply
- Confirm the age rule and income limit
You must be of qualifying age. Your income must fall within HUD's Area Median Income (AMI) limits for Bronx. Based on the 10474 zip code AMI (2024), this property's 50% income limit is approximately $17,033/yr for 1 person / $24,333/yr for a 4-person household.
- Ask which unit types are actually available
This listing shows historically available units. Ask directly if a unit is open today.
- Verify accessibility before paying any fees
If you use a wheelchair or walker, confirm elevator access and doorway widths before submitting a paid application.
Did you know?LIHTC properties have specific maximum rent limits based on your income and the local Area Median Income (AMI). Read the full guide
Questions People Ask
What are the local income limits around Olr mm apts - manida street?Open
Income limits are calculated against the Area Median Income (AMI) for the 10474 zip code. Based on recent Census data, the local median income is $34,066 for a single person, and $48,666 for a four-person household. Your specific income cap depends on the exact subsidy program rules applied by management.
To view how these median figures translate to specific income caps (e.g., 30%, 50%, or 60% AMI limits) for all household sizes, check out the AMI Calculator .
!Check Your Qualification Instantly
Our eligibility tool automatically cross-references your household size and gross income with the local AMI database for this property to determine your fit.
What unit types are reported at Olr mm apts - manida street?Open
This record reports: 1 Bed • 2 Bed • 3 Bed. Availability can change rapidly, so ask management which layouts are currently open and whether any accessible units are available.
How do I contact Olr mm apts - manida street to apply?Open
Use the eligibility checker to see the next step for this listing. Contact details are not shown here, but you can start the process and get your application path from the property page.
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We'll ask a few basic questions and then show the next step.
What are the income limits to qualify at Olr mm apts - manida street?Open
Olr mm apts - manida street is a Low Income Housing Tax Credit (LIHTC) property. HFA records indicate the income ceiling is set at 60% AMGI. This means your household income must be at or below that percentage of the Area Median Income (AMI) for bronx. Based on 2024 Census data, the local median income for the 10474 zip code is $34,066 for a single person and $48,666 for a 4-person household. At the 60% AMGI limit, the approximate income threshold is $20,440/yr for a 1-person household / $29,200/yr for a 4-person household. Management will verify income during the application process.
To view the specific income caps (e.g. 30%, 50%, or 60% AMI limits) for all household sizes, check out the AMI Calculator .
!Check Your Qualification Instantly
Our eligibility tool automatically cross-references your household size and gross income with the local AMI database for this property to determine your fit.
How long will Olr mm apts - manida street remain affordable housing?Open
LIHTC properties are required by law to remain affordable for a minimum of 30 years from the date they were placed in service (Olr mm apts - manida street was placed in service around 2012, so rent restrictions are secured at least until ~2042). After that period, the owner can choose to exit the program or renew. Ask management about the property's current compliance end date.
What government programs helped fund Olr mm apts - manida street?Open
In addition to the federal Low Income Housing Tax Credit, this property was also financed with: HOME Investment Partnership funds, tax-exempt bonds. Layering multiple housing subsidy programs is common and often allows properties to offer deeper affordability or better amenities than LIHTC alone.
Is Olr mm apts - manida street a renovated building?Open
HFA records show this property was acquired and rehabilitated using LIHTC funding around 2012. Renovation scope varies widely — some properties received light cosmetic updates while others were substantially rebuilt. Ask management what was renovated, the age of key systems (roof, HVAC, plumbing), and whether any additional work is planned.
Does Olr mm apts - manida street have studio or efficiency apartments?Open
Yes. This property reports 2 studio or efficiency units. Efficiency units are typically self-contained apartments with a combined living/sleeping area, a kitchenette, and a bathroom — well suited for individuals or couples. Ask management for current availability and exact square footage before applying.