98 Water Street Apartments

98 Water Street, Augusta, Maine 04330

WELCOME HOME TO 98 WATER STREET

A new way of apartment living in a convenient Augusta, ME location - you have stumbled upon 98 Water Street! Our community takes pride in providing our residents with the living experience that they deserve. Set against the majestic Edwards Dam, 98 Water Street places you within close proximity of downtown and within easy commuting distance to shopping, restaurants and I-95.

When you decide to call one of our one or two bedroom floor plans home we want you to love it from day one! Because of this each of our newly renovated apartments at 98 Water Street features fully equipped kitchens, wall to wall carpeting and spacious living areas.

When it's time to close the door on the outside world, you can take refuge in our impressive community amenities. Residents of 98 Water Street can take advantage of on-site maintenance, an inviting community room with kitchen, spacious roof top terrace, a modern fitness facility and convenient on-site laundry facilities. We are also proud to welcome assistive animals for our residents. Our community also welcomes Section 8. Discover what quality and comfort really mean - come home to 98 Water Street!

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom HC (1/1) 550 Call for Price
One Bedroom (1/1) 550 Call for Price
Two Bedroom (2/1) 600 Call for Price
Two Bedroom HC (2/1) 600 Call for Price

98 Water Street Apartments Details

  • 24 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Public Housing

Property Amenities

  • Elevator
  • Fitness Center
  • Laundry Room
  • 24hr Emergency Maintenance
  • On-Site Maintenance
  • 24 Hour Maintenance
  • Laundry Facility
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Tile Floors
  • Mini Blinds & Curtain Rods

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Schools
  • Near Post Office

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Augusta Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Augusta but actual income limits may differ for units at 98 Water Street Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,100 $32,100 $36,100 $40,100 $43,350 $46,550 $49,750 $52,950
Low Income (60%) $33,720 $38,520 $43,320 $48,120 $52,020 $55,860 $59,700 $63,540

98 Water Street Apartments is managed by Realty Resources Management.

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Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments
Image of 98 Water Street Apartments

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