About This Property
Knox Hotel contains 29 low-income units serving elderly residents in Thomaston, Maine, with 25 one-bedroom and 4 two-bedroom apartments. Placed in service in 2011, the property utilizes 4% Low-Income Housing Tax Credit financing and tax-exempt bonds. The development is managed to provide affordable rental housing for qualified tenants.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Knox 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 | $890 |
| 1 Bedroom | $929 |
| 2 Bedroom | $1,120 |
| 3 Bedroom | $1,406 |
| 4 Bedroom | $1,585 |
Income Limits - Knox County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,500
- Low (80%)
- $74,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,450 |
| 2 Persons | $17,420 | $28,200 | $45,050 |
| 3 Persons | $21,960 | $31,700 | $50,700 |
| 4 Persons | $26,500 | $35,200 | $56,300 |
| 5 Persons | $31,040 | $38,050 | $60,850 |
| 6 Persons | $35,580 | $40,850 | $65,350 |
| 7 Persons | $40,120 | $43,650 | $69,850 |
| 8 Persons | $44,660 | $46,500 | $74,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Thomaston, ME?+
The Fair Market Rent (FMR) for Knox County, ME is: $890 (Studio), $929 (1BR), $1120 (2BR), $1406 (3BR), $1585 (4BR). Actual rent at subsidized properties like Knox Hotel is typically 30% of household income or less.
What size apartments are available at Knox Hotel?+
Knox Hotel offers the following unit types: 25 One-Bedroom, 4 Two-Bedroom units, for a total of 29 units.
How do I apply for housing at Knox Hotel?+
Knox Hotel 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 Thomaston, ME?+
Based on Fair Market Rent for Knox County, the estimated price range is: 1-bedroom: $929, 2-bedroom: $1120. Actual rent at Knox Hotel may be lower for income-eligible households.
What are the income limits for affordable housing in Knox County, ME?+
For a 4-person household in Knox County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.
Who is eligible to live at Knox Hotel?+
Knox Hotel primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Knox Hotel?+
Knox Hotel is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Knox Hotel?+
Knox Hotel has a HUD inspection score of 86 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.