Margaret Chase Smith House

7 Ridge Rd , Augusta, Maine 04330

Margaret Chase Smith House, located at 7 Ridge Rd in Augusta, has one bedroom apartments. Margaret Chase Smith House participates in the Section 202 Supportive Housing for the Elderly program.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price

Margaret Chase Smith House Details

  • 45 one bedroom units.
  • Project-Based Rental Assistance
  • Senior (62+)
  • Accessible Units
  • Supportive Housing for the Elderly

About Margaret Chase Smith House

For seniors, maintaining independence is very important. At Volunteers of America, we provide housing for seniors who want to live independent lifestyles where they can thrive and age in place. Our senior residents deserve the quality of life that they desire and our commitment to service-enriched housing offers them just that.

Section 202 Supportive Housing for the Elderly

Since this property was built using funding through HUD's Section 202 Supportive Housing for the Elderly program, residency is restricted to persons who earn 50% of the Area Median Income (AMI) or less. Like other rental assistance programs like Section 8, resident's rents are based on their income and the tenant contribution is set at 30% of the tenants income.

Augusta HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,950 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050

Margaret Chase Smith House receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Margaret Chase Smith House is managed by Volunteers of America.