About This Property
Paterson Hope 98 Urban Renewal offers 109 low-income units across a mix of one-, two-, and three-bedroom apartments in Paterson, New Jersey. The development includes 48 one-bedroom, 22 two-bedroom, and 39 three-bedroom units and has been in service since 2012. This property is managed by the Passaic County housing authority and serves residents in the Paterson area.
Waitlist Information
Waitlist managed by Paterson Housing Authority
Riverside Wait List April 2024 is available for download.
Admission preferences are for residents who live and/or work in the City of Paterson. If all else is equal, the deciding factor is the date and time of receiving the application or a controlled lottery system.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
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.
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,300
- Low (80%)
- $57,700
- Extremely Low (30%)
- $26,250
- Very Low (50%)
- $43,800
- Low (80%)
- $65,950
- Extremely Low (30%)
- $29,550
- Very Low (50%)
- $49,250
- Low (80%)
- $74,200
- Extremely Low (30%)
- $32,800
- Very Low (50%)
- $54,700
- Low (80%)
- $82,400
- Extremely Low (30%)
- $35,450
- Very Low (50%)
- $59,100
- Low (80%)
- $89,000
- Extremely Low (30%)
- $38,050
- Very Low (50%)
- $63,500
- Low (80%)
- $95,600
- Extremely Low (30%)
- $40,700
- Very Low (50%)
- $67,850
- Low (80%)
- $102,200
- 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 |
Advertisement
Tax Credit Program Details
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 Paterson Hope 98 Urban Renewal is typically 30% of household income or less.
What size apartments are available at Paterson Hope 98 Urban Renewal?+
Paterson Hope 98 Urban Renewal offers the following unit types: 48 One-Bedroom, 22 Two-Bedroom, 39 Three-Bedroom units, for a total of 109 units.
How do I apply for housing at Paterson Hope 98 Urban Renewal?+
Paterson Hope 98 Urban Renewal is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Paterson Hope 98 Urban Renewal?+
Paterson Hope 98 Urban Renewal is managed by . You can reach them at .
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 Paterson Hope 98 Urban Renewal?+
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.
What is the price range for apartments in Paterson, NJ?+
Based on Fair Market Rent for Passaic County, the estimated price range is: 1-bedroom: $1645, 2-bedroom: $1892, 3-bedroom: $2342. Actual rent at Paterson Hope 98 Urban Renewal may be lower for income-eligible households.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Paterson Hope 98 Urban Renewal
Greater Paterson Development
Paterson, NJ
109 UnitsMott School Project
Paterson, NJ
3 Units
Sojourner Douglass Homes
Paterson, NJ
5 Units
Christopher Columbus Site Iv
Paterson, NJ
3 Units
Passaic County Public Housing Agency
Paterson, NJ
835 UnitsGreat Falls
Paterson, NJ
145 Units