Oak Street Lofts

72 Oak Street, Portland, ME 04101

Waiting List Forecast: Likely Short or None

check_circleVerified for 2017 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Studio Bed 1 Bath 400 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)

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.

Oak Street Lofts is a high rise apartment building with 37 studio apartments located in the heart of downtown Portland, ME. Ideal for individuals seeking a metropolitan setting, Congress Street restaurants and shops are only steps away. This property includes a working gallery where new artists are showcased every month. Residents have access to a large art studio in the building and have the opportunity to show their own art.


Avesta Housing believes that everyone deserves a place to call home. They manage 80+ affordable, subsidized, and mixed-income communities, and each one has a team of experienced and well-trained Property Managers and Maintenance Technicians who care about the residents and the properties in which they live. Many of their communities also have a Resident Service Coordinator, who helps to connect residents to support services they require.

They provide 24-hour professional maintenance services and have 95% resident satisfaction. Avesta Housing was named Portland Property Manager of the Year by the Portland Phoenix in 2016. Their Property Management division wants you to be proud to call your apartment home.

Dave's Thoughts On Oak Street Lofts

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 Oak Street Lofts 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

Oak Street Lofts Amenities

  • 24hr Emergency Maintenance
  • Air Conditioning
  • Utilities Included
  • Oven and Range
  • Extra Storage
  • Energy Efficient Design
  • Secured Entry
  • Smoke Free
  • Oversized Windows
  • Heat and Air
  • Free Parking
  • High Ceilings
  • Wheel Chair Accessible
  • On-Site Laundry

Units at Oak Street Lofts

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 400ft2 Call for Price

Income Qualification for Oak Street Lofts

*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 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $32,550 / year $37,200 / year $41,850 / year $46,450 / year $50,200 / year $53,900 / year $57,600 / year $61,350 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $39,060 / year $44,640 / year $50,220 / year $55,740 / year $60,240 / year $64,680 / year $69,120 / year $73,620 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year

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

FAQs for Oak Street Lofts

Does Oak Street Lofts have a waiting list?

Oak Street Lofts 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 Oak Street Lofts?

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 Oak Street Lofts?

Oak Street Lofts is managed by Avesta Housing headquartered in Portland, Maine .

In addition to Oak Street Lofts, how many other affordable housing properties (and units) are there in Portland?

In addition to Oak Street Lofts, we list 58 other affordable properties in Portland. Learn about these properties here. Our data research shows that there are a total of 3483 affordable units in Portland.

Listings Near Oak Street Lofts

Island View Apartments

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bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Deering Place

500 Cumberland Avenue, Portland, Maine 04101

bed Studio-3
switch_access_shortcut Short Wait

Thomas Heights

134 Washington Ave, Portland, Maine 04101

bed Studio
payment $637-751/mo.
switch_access_shortcut Short Wait

Bayside Anchor

81 E Oxford St, Portland, Maine 04101

bed Studio-2
payment $540-1041/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Huston Commons

72 Bishop St, Portland, Maine 04103

bed Studio
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Townhouses at Ocean East ll

10 Schooner Rd, Portland, Maine 04106

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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