About This Property
Buckfield Elderly Housing offers 20 low-income units in Buckfield, Maine, serving elderly residents with a unit mix of sixteen one-bedroom and four two-bedroom apartments. The property has been in service since 1989 and utilizes 4% Low-Income Housing Tax Credits to support affordability. This Oxford County community provides housing options for seniors with limited incomes.
Property Details
Fair Market Rent - Oxford 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 | $814 |
| 1 Bedroom | $820 |
| 2 Bedroom | $1,077 |
| 3 Bedroom | $1,321 |
| 4 Bedroom | $1,699 |
Income Limits - Oxford 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 Buckfield, ME?+
The Fair Market Rent (FMR) for Oxford County, ME is: $814 (Studio), $820 (1BR), $1077 (2BR), $1321 (3BR), $1699 (4BR). Actual rent at subsidized properties like Buckfield Elderly Housing is typically 30% of household income or less.
What size apartments are available at Buckfield Elderly Housing?+
Buckfield Elderly Housing offers the following unit types: 16 One-Bedroom, 4 Two-Bedroom units, for a total of 20 units.
What are the income limits for affordable housing in Oxford County, ME?+
For a 4-person household in Oxford 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 Buckfield Elderly Housing?+
Buckfield Elderly Housing 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.
Who is eligible to live at Buckfield Elderly Housing?+
Buckfield Elderly Housing primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Buckfield Elderly Housing?+
Buckfield Elderly Housing is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Buckfield, ME?+
Based on Fair Market Rent for Oxford County, the estimated price range is: 1-bedroom: $820, 2-bedroom: $1077. Actual rent at Buckfield Elderly Housing may be lower for income-eligible households.