Chestnut Homes
305 Chestnut Street, Passaic, New Jersey 07055
🟠 Expiring Soon
Chestnut Homes is a 76-unit multifamily property located at 305 Chestnut Street in Passaic, New Jersey 07055. Placed in service in 2014 under the LIHTC program, its 15-year compliance period expires in 2029. This property is approaching its Year-15 compliance milestone.
Year-15 Compliance Timeline
EXPIRING SOONPlaced in Service
2014
Current Year
2026
Expiration
2029
2014
2017
2020
2023
2026
2029
📋
Compliance expires in 3 years
This property is approaching its Year-15 compliance milestone. It is worth monitoring for changes in ownership intent and refinancing activity.
Compliance Period
15 Years
Years Elapsed
12 / 15
Years Until
3
Property Overview
HUD IDNJA20143007
Year Placed in Service2014
Year-15 Expiration2029
Acquisition Status🟠 Expiring Soon
Unit Breakdown
Total Units76
Low-Income Units75
Low-Income Ratio99%
Tenant demographic data not available for this property.