About This Property
Water Street Apts offers 24 low-income residential units in Augusta, ME, consisting of twelve 1-bedroom and twelve 2-bedroom apartments. The property has been in service since 2007 and serves families through funding that includes Community Development Block Grants and tax-exempt bonds. This development utilizes 4% Low-Income Housing Tax Credits to support affordable housing in Kennebec County.
Waitlist Information
Waitlist managed by Maine State Housing Authority
Preferences include elderly, disabled, and homeless individuals; income must be at or below 50% of the Area Median Income. Eligibility is limited to US citizens and specified categories of non-citizens.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Kennebec 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 | $857 |
| 1 Bedroom | $860 |
| 2 Bedroom | $1,104 |
| 3 Bedroom | $1,374 |
| 4 Bedroom | $1,622 |
Income Limits - Kennebec County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,050
- Very Low (50%)
- $25,100
- Low (80%)
- $40,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,700
- Low (80%)
- $45,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,300
- Low (80%)
- $51,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,850
- Low (80%)
- $57,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,750
- Low (80%)
- $61,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,600
- Low (80%)
- $66,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,500
- Low (80%)
- $71,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,050 | $25,100 | $40,150 |
| 2 Persons | $17,420 | $28,700 | $45,900 |
| 3 Persons | $21,960 | $32,300 | $51,650 |
| 4 Persons | $26,500 | $35,850 | $57,350 |
| 5 Persons | $31,040 | $38,750 | $61,950 |
| 6 Persons | $35,580 | $41,600 | $66,550 |
| 7 Persons | $40,120 | $44,500 | $71,150 |
| 8 Persons | $44,660 | $47,350 | $75,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Augusta, ME?+
The Fair Market Rent (FMR) for Kennebec County, ME is: $857 (Studio), $860 (1BR), $1104 (2BR), $1374 (3BR), $1622 (4BR). Actual rent at subsidized properties like Water Street Apts is typically 30% of household income or less.
What size apartments are available at Water Street Apts?+
Water Street Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
Is there a waitlist for Water Street Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Augusta, ME?+
Based on Fair Market Rent for Kennebec County, the estimated price range is: 1-bedroom: $860, 2-bedroom: $1104. Actual rent at Water Street Apts may be lower for income-eligible households.
How do I apply for housing at Water Street Apts?+
Water Street 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 are the income limits for affordable housing in Kennebec County, ME?+
For a 4-person household in Kennebec County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,850, Low Income (80% AMI): $57,350. These limits are set by HUD and updated annually.
Who is eligible to live at Water Street Apts?+
Water Street Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Water Street Apts?+
Water Street Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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