Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Great Falls

24-25 MILL STREET AND 33-35 VAN HOUTEN ST., Paterson, NJ, 7501

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

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About This Property

Great Falls is an affordable housing community in Paterson, NJ offering 145 units, of which 139 are designated as low-income housing. The property was placed in service in 2014 and serves Passaic County residents.

Waitlist Information

Waitlist managed by Paterson Housing Authority

Public Housing Waitlist
Closed

No current waiting list status information found; contact the PHA at (973) 345-5080 for more details.

Last verified February 23, 2026
Section 8 (HCV) Waitlist
Closed

Admission procedures are identified in the Admission and Continued Occupancy Policy. Admission preferences are for residents who live and/or work in the City of Paterson. The deciding factor, if everything else is equal, will be the date and time of receiving the application and/or through a controlled lottery system. Extensions are given on a standard 60-day period to search for a unit.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
145

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.

BedroomsFMR
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

Tax Credit Program Details

Year Placed in Service
2014
LIHTC Credit Type
4
Low-Income Units
139 / 145
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Paterson, 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 Great Falls 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.

Is there a waitlist for Great Falls?+

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.

How do I apply for housing at Great Falls?+

Great Falls 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 Great Falls?+

Great Falls is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Walker's Paradise

93
Walk
63
Transit
50
Bike

Nearby Schools

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

Location

Passaic County, NJ

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Housing Resources in Paterson, NJ

HUD-Approved Counseling Agencies

HOUSING AUTHORITY OF THE CITY OF PATERSON

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial Management/Budget Counseling

PATERSON TASK FORCE FOR COMMUNITY ACTION, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops