About This Property
Bucksport Square Apartments comprises 25 low-income units in Bucksport, Maine, with 16 one-bedroom and 9 two-bedroom floor plans. The property has been in service since 1990 and operates under 4% Low Income Housing Tax Credit financing. This Hancock County community serves households with income restrictions.
Property Details
Fair Market Rent - Hancock 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 | $996 |
| 1 Bedroom | $1,002 |
| 2 Bedroom | $1,188 |
| 3 Bedroom | $1,576 |
| 4 Bedroom | $1,582 |
Income Limits - Hancock County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bucksport, ME?+
The Fair Market Rent (FMR) for Hancock County, ME is: $996 (Studio), $1002 (1BR), $1188 (2BR), $1576 (3BR), $1582 (4BR). Actual rent at subsidized properties like Bucksport Square Apts is typically 30% of household income or less.
What size apartments are available at Bucksport Square Apts?+
Bucksport Square Apts offers the following unit types: 16 One-Bedroom, 9 Two-Bedroom units, for a total of 25 units.
What are the income limits for affordable housing in Hancock County, ME?+
For a 4-person household in Hancock County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
Who manages Bucksport Square Apts?+
Bucksport Square Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bucksport Square Apts?+
Bucksport Square Apts 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 Bucksport, ME?+
Based on Fair Market Rent for Hancock County, the estimated price range is: 1-bedroom: $1002, 2-bedroom: $1188. Actual rent at Bucksport Square Apts may be lower for income-eligible households.
Contact Information
Location
Hancock County, ME
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