About This Property
Limestone Estates comprises 25 low-income units in Limestone, Maine, with 14 one-bedroom and 11 two-bedroom apartments. The property was placed in service in 1988 and utilizes 4% Low-Income Housing Tax Credits. Interested parties may contact the property management for additional information.
Property Details
Fair Market Rent - Aroostook County, ME
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $664 |
| 1 Bedroom | $758 |
| 2 Bedroom | $948 |
| 3 Bedroom | $1,292 |
| 4 Bedroom | $1,374 |
Income Limits - Aroostook County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,450
- Very Low (50%)
- $22,400
- Low (80%)
- $35,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,600
- Low (80%)
- $41,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $39,700
- Very Low (50%)
- $39,700
- Low (80%)
- $63,500
- Extremely Low (30%)
- $42,250
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,450 | $22,400 | $35,850 |
| 2 Persons | $17,420 | $25,600 | $41,000 |
| 3 Persons | $21,960 | $28,800 | $46,100 |
| 4 Persons | $26,500 | $32,000 | $51,200 |
| 5 Persons | $31,040 | $34,600 | $55,300 |
| 6 Persons | $35,580 | $37,150 | $59,400 |
| 7 Persons | $39,700 | $39,700 | $63,500 |
| 8 Persons | $42,250 | $42,250 | $67,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Limestone, ME?+
The Fair Market Rent (FMR) for Aroostook County, ME is: $664 (Studio), $758 (1BR), $948 (2BR), $1292 (3BR), $1374 (4BR). Actual rent at subsidized properties like Limestone Estates is typically 30% of household income or less.
What size apartments are available at Limestone Estates?+
Limestone Estates offers the following unit types: 14 One-Bedroom, 11 Two-Bedroom units, for a total of 25 units.
Who manages Limestone Estates?+
Limestone Estates is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Aroostook County, ME?+
For a 4-person household in Aroostook County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,000, Low Income (80% AMI): $51,200. These limits are set by HUD and updated annually.
How do I apply for housing at Limestone Estates?+
Limestone Estates is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Limestone, ME?+
Based on Fair Market Rent for Aroostook County, the estimated price range is: 1-bedroom: $758, 2-bedroom: $948. Actual rent at Limestone Estates may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
