Greentree Apartments

45 New England Rd, Augusta, Maine 04330

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Greentree Apartments
45 New England Road
Augusta, ME 04330

Property Income Limits

OccupantsAnnual Income Limit

1$26,040

2$29,760

3$33,480

*4 or more please call the management office.

45 New England Road
Augusta, ME 04330

Phone: 207-622-4261
Fax: 207-626-0264

Map and Directions

Greentree Apartments is a two story garden style apartment complex. The community comprising 16 buildings is located on a 14 acre campus in Augusta, Maine. Occupancy is open to all families. Subsidy is provided through the Project-Based Section 8 Program and rents are based upon 30% of the household adjusted gross income.

1, 2, 3 and 4 bedroom apartments

Amenities:

  • On site management office
  • Professional 24hr on call maintenance
  • On site laundry facilities
  • Off street parking

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price
Four Bedroom (4/1) - Call for Price

Greentree Apartments Details

  • 84 1, 2, 3 and 4 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Public Housing

Property Amenities

  • On-Site Manager
  • Off-Street Parking
  • 24 Hour Maintenance
  • On-Site Laundry

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 Greentree 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
Image of Greentree Apartments
Image of Greentree Apartments

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