60 US 2 East, Wilton, ME 04294
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a USDA Section 515 property with rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Welcome to Fernwold apartment homes! Our lovely community is nestled in the quaint town of Wilton, Maine near US Highway 2. Surrounded by endless tall trees, and located near beautiful Wilson Lake, Fernwold is just the place for you. We are proud to offer the best in affordable housing and welcome Section 8 residents.
We offer two floor plans with one and two bedroom options. The pet-friendly apartment homes for rent at Fernwold include all the modern amenities you deserve like an all-electric kitchen and being cable ready. We have created our affordable apartment homes with you in mind. Our standard features are the best in apartment living. Offering our residents comfort and convenience is our goal.
Our community amenities are the best in the affordable apartment industry. Community amenities include high-speed internet access, a laundry facility, and on-call maintenance. The management team is dedicated to providing quick and excellent service when you need it. We are a pet-friendly community and welcome your extended family.
Because it participates in the USDA Section 515 Rural Rental Housing program, Fernwold Homes is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list. These tenants would have to pay the full rent until their name comes up on the list. Section 515 properties often have smaller units, fewer amenities, and are in worse physical condition than other similar properties. USDA has struggled over the years to keep the physical condition of Section 515 properties in good standing due to budget constraints. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the RD515 program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
Does Fernwold Homes have a waiting list?
Fernwold Homes probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Fernwold Homes?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Fernwold Homes?
Fernwold Homes is managed by Realty Resources Management
In addition to Fernwold Homes, how many other affordable housing properties (and units) are there in Wilton?
In addition to Fernwold Homes, we list 2 other affordable properties in Wilton. Learn about these properties here. Our data research shows that there are a total of 98 affordable units in Wilton.
When was the Fernwold Homes listing last updated?
Fernwold Homes listing on Affordable Housing Online was last updated on 03/31/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Looking for housing as soon as possible?
Applying for waiting lists with preferences that you qualify for may help shorten the wait for available housing.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"