Osprey Landing – Portsmouth's unique townhouse apartment community designed for people of all ages and varying income levels. Minutes from the city's charming specialty shops and restaurants as well as the convenience of a multitude of major grocery and retail stores.
Yet Osprey Landing has a tranquil country atmosphere. Seventy-six acres of mature shade trees, stands of white pine and grassy knolls provide an attractive setting for this New England style 1, 2, and 3-bedroom townhouse community.
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Portsmouth but actual income limits may differ for units at Osprey Landing.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$40,300||$46,050||$51,800||$57,550||$62,200||$66,800||$71,400||$76,000|
|Low Income (60%)||$48,360||$55,260||$62,160||$69,060||$74,640||$80,160||$85,680||$91,200|