Low Income (LIHTC)Waitlist Closed

Chestnut Homes

305 Chestnut St, Passaic, NJ, 7055

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

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About This Property

Chestnut Homes offers 76 residential units in Passaic, NJ, with 75 designated as low-income housing. The property has been in service since 2014 and provides affordable rental options in Passaic County. Prospective tenants can contact the management office for leasing information and unit availability.

Waitlist Information

Waitlist managed by Housing Authority of the City of Passaic

Public Housing Waitlist

Closed

Apply: Online (historically)

The Public Housing waitlist is currently closed. Previously, specific communities like Alfred Speer Village accepted applications online and prioritized Passaic Resident Veterans, Passaic Residents, and those working in Passaic.

Last verified February 19, 2026

Section 8 (HCV) Waitlist

Closed

Opened October 31, 2023

Closed November 3, 2023

Apply: Online

The Section 8 (HCV) waitlist is currently closed. Applications were last accepted online from October 31, 2023, to November 3, 2023, with preferences for Passaic Resident Veterans, Passaic Residents, and those working in Passaic.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated June 18, 2026

Property Details

Total Units

Fair Market Rent - Passaic County, NJ

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

Bedrooms	FMR
Studio/Efficiency	$1,400
1 Bedroom	$1,645
2 Bedroom	$1,892
3 Bedroom	$2,342
4 Bedroom	$2,946

Income Limits - Passaic County, NJ

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

1 Person

Extremely Low (30%): $23,000
Very Low (50%): $38,300
Low (80%): $57,700

2 Persons

Extremely Low (30%): $26,250
Very Low (50%): $43,800
Low (80%): $65,950

3 Persons

Extremely Low (30%): $29,550
Very Low (50%): $49,250
Low (80%): $74,200

4 Persons

Extremely Low (30%): $32,800
Very Low (50%): $54,700
Low (80%): $82,400

5 Persons

Extremely Low (30%): $35,450
Very Low (50%): $59,100
Low (80%): $89,000

6 Persons

Extremely Low (30%): $38,050
Very Low (50%): $63,500
Low (80%): $95,600

7 Persons

Extremely Low (30%): $40,700
Very Low (50%): $67,850
Low (80%): $102,200

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $72,250
Low (80%): $108,800

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$23,000	$38,300	$57,700
2 Persons	$26,250	$43,800	$65,950
3 Persons	$29,550	$49,250	$74,200
4 Persons	$32,800	$54,700	$82,400
5 Persons	$35,450	$59,100	$89,000
6 Persons	$38,050	$63,500	$95,600
7 Persons	$40,700	$67,850	$102,200
8 Persons	$44,660	$72,250	$108,800

Tax Credit Program Details

Year Placed in Service

2014

Low-Income Units

75 / 76

Designations

Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Passaic, NJ?+

The Fair Market Rent (FMR) for Passaic County, NJ is: $1400 (Studio), $1645 (1BR), $1892 (2BR), $2342 (3BR), $2946 (4BR). Actual rent at subsidized properties like Chestnut Homes is typically 30% of household income or less.

What are the income limits for affordable housing in Passaic County, NJ?+

For a 4-person household in Passaic County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,800, Very Low Income (50% AMI): $54,700, Low Income (80% AMI): $82,400. These limits are set by HUD and updated annually.

How do I apply for housing at Chestnut Homes?+

Chestnut Homes 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 Chestnut Homes?+

Chestnut Homes is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Chestnut Homes?+

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.

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