Tucked in the heart of downtown Augusta, Maine, generations of residents have passed through the hallways of the former Cony High School. Now a luxurious, yet affordable apartment community for area seniors.
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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.
Cony Flatiron Senior Residence Apartments is managed by Stewart Property Management.