HOUSING FOR:
Family, Elderly, Disabled
RENT:
Reduced rents for 36 apartments, set at the 50% of the Area Median Income for Kennebec County; Minimum income approximately $18,000/yr, up to income limit for household size - or - housing choice vouchers, BRAP and other subsidies. The other 36 apartments are available at market rent and there is no income limit; guideline minimum income for the market apartments is approximately $21,000 unless household has a housing subsidy.
Pine View Estates
301 Capital St
Augusta, ME
VACANCIES:
No Current Openings
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | $525 |
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
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.
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.
Pineview Estates is managed by C & C Realty Management.