Oakes Manor Apartments

99 Oakes Manor Rd, Sangerville, Maine 04479

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) - Call for Price

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Oakes Manor Apartments was last updated on 02/06/2018

About Oakes Manor Apartments

Two Bedroom Affordable Housing!

Property Details

  • 120 two bedroom units.
  • Project-Based Rental Assistance
  • Persons With Disabilities
  • Senior (62+)

Property Amenities

  • Wheel Chair Accessible

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or 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. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Sangerville HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,650 $16,460 $20,780 $25,100 $29,420 $33,740 $37,350 $39,750
50% $21,100 $24,100 $27,100 $30,100 $32,550 $34,950 $37,350 $39,750
80% $33,750 $38,550 $43,350 $48,150 $52,050 $55,900 $59,750 $63,600

Oakes Manor Apartments 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.