Madison Apartments LIHTCPB Section 8 Paterson, NJ

Profile last updated · Data vintage: HUD FY2025

Madison Apartments is a Project-Based Section 8 community in Paterson, NJ with 75 units reporting 96% occupancy. Assisted residents pay about $555/month on average.

75
total units
96%
occupancy
$555
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC)
Address504 Madison Ave, Paterson, NJ Map →
Average household income$22,803/yr
Average personal income$9,908/yr
People per unit2.3
Moved in within last year4%
Households below 30% AMI71%
Households below 50% AMI92%
One-bedroom share44%

How to apply at Madison Apartments

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 504 Madison Ave, Paterson; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$555/mo average here).

Other subsidized housing in Paterson

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Incca Carroll St Houses Llc PB Section 8Paterson0.8 km
Riverside Village Apartments Phase L LIHTCPaterson City1.4 km
Greater Paterson Development #574 LIHTCPaterson1.4 km
Paterson Hope 98 Urban Renewal LIHTCPB Section 8Paterson1.4 km
Paterson Hope 98 Urban Renewal #574 LIHTCPaterson1.4 km
Greater Paterson Development LIHTCPaterson City1.4 km
Riverside Senior Apartments LIHTCPaterson1.4 km
Riverside Village Senior Apartments Phase Ii LIHTCPaterson City1.4 km

← All subsidized housing in Paterson

Frequently asked questions

What kind of subsidy does Madison Apartments have?
Project-Based Section 8; Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Madison Apartments?
Residents report average rents near $555/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Madison Apartments?
Contact the management office at 504 Madison Ave in Paterson. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.