Low Income (LIHTC)Waitlist Closed

Paterson Hope 98 Urban Renewal #574

43 Kathys Ct, Paterson, NJ, 7501

Information verified September 28, 2026·We re-check waiting list status daily

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About This Property

Paterson Hope 98 Urban Renewal #574 is an affordable housing development in Paterson, NJ containing 109 units. The property was placed in service in 2012 and is located in Passaic County. Residents can contact the management office for leasing and tenant services.

Waitlist Information

Waitlist managed by Paterson Housing Authority

Public Housing Waitlist

Closed

Admission preferences are given to residents who live and/or work in the City of Paterson; applicants must be citizens or eligible non-citizens and meet HUD's very low-income limits.

Last verified July 17, 2026

Section 8 (HCV) Waitlist

Closed

Opened September 6, 2026

Closed September 6, 2026

Admission preferences are given to residents who live and/or work in the City of Paterson. Priority is given to extremely low-income households, veterans, and those experiencing homelessness; selection is by lottery or application receipt date/time.

Last verified August 28, 2026

Waitlist data provided by section8waitlist.org

Updated September 27, 2026

Property Details

Total Units

109

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

2012

LIHTC Credit Type

Low-Income Units

0 / 109

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 Paterson Hope 98 Urban Renewal #574 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 Paterson Hope 98 Urban Renewal #574?+

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 Paterson Hope 98 Urban Renewal #574?+

Paterson Hope 98 Urban Renewal #574 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 Paterson Hope 98 Urban Renewal #574?+

Paterson Hope 98 Urban Renewal #574 is managed by . You can reach them at . Visit their website for more information.

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