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Image of The Gerald
Image of The Gerald
Image of The Gerald
Image of The Gerald
Image of The Gerald

The Gerald

151 Main St, Fairfield, ME 04937

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$520 per Month† 1 - 2 Beds 1 Bath -
Call (207) 621-7700 Email

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

HOUSING FOR:

Housing for 55+

RENT:

There are 2 different rent levels for each size apt, levels are based on Somerset County income limits. Minimum income approximately 15,000 yr up to income limit for household size - or - housing choice vouchers, BRAP, and other subsidies.

VACANCIES:
No Current Openings

SUBMIT PRESCREEN FORM NOW!

  • 28 Units - 26 one bedroom, and 2 two bedroom units
  • Elevator Building
  • Somerset County income limits apply
  • Laundry Facilities On-Site
  • Includes Heat and Hot Water and Electricity
  • Resident Service Coordinator Available
  • Community Room Available for Use
  • Free Wireless Internet
  • Convenient to Downtown
  • This property is recognized as preservation of an historic building
  • Pets Allowed

VIEW FLYER

Dave's Thoughts On The Gerald

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Gerald does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

The Gerald Amenities

  • Elevator
  • Community Room
  • Close to Downtown District
  • Resident Service Coordinator
  • Laundry Facilities
  • Utility Allowance
  • Free High Speed Internet Access

Units at The Gerald

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - $520†
2 Bedroom (2/1) - Call for Price†

Income Qualification for The Gerald

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for LIHTC Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
50% AMI for PBRA Units $26,550 / year $30,350 / year $34,150 / year $37,900 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year
60% AMI for LIHTC Units $31,860 / year $36,420 / year $40,980 / year $45,480 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for The Gerald

Does The Gerald have a waiting list?

The Gerald probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at The Gerald?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges The Gerald?

The Gerald is managed by C & C Realty Management headquartered in Augusta, Maine.

In addition to The Gerald, how many other affordable housing properties (and units) are there in Fairfield?

In addition to The Gerald, we list 2 other affordable properties in Fairfield. Learn about these properties here. Our data research shows that there are a total of 221 affordable units in Fairfield.

When was the The Gerald listing last updated?

The Gerald listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near The Gerald

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Fairfield Family Apartments

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Island Apartments

2 Island Ave, Fairfield, Maine 04937

† Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.