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.

Contact Margaret Chase Smith House

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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 or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Augusta HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Augusta but actual income limits may differ for units at Margaret Chase Smith House.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
80% $39,150 $44,750 $50,350 $55,900 $60,400 $64,850 $69,350 $73,800

These general income qualifications for Augusta, Maine should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

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. Market rate units would have no subsidies or income restrictions.

Margaret Chase Smith House is managed by Volunteers of America.

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