About This Property
Newport Family Housing provides 24 low-income residential units in Newport, Maine, consisting of twelve one-bedroom and twelve two-bedroom apartments. The property has been in service since 1989 and operates under 4% Low-Income Housing Tax Credit financing. Prospective residents should contact the property management for current availability and application information.
Property Details
Fair Market Rent - Penobscot 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 | $740 |
| 1 Bedroom | $794 |
| 2 Bedroom | $1,043 |
| 3 Bedroom | $1,298 |
| 4 Bedroom | $1,457 |
Income Limits - Penobscot 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 Newport, ME?+
The Fair Market Rent (FMR) for Penobscot County, ME is: $740 (Studio), $794 (1BR), $1043 (2BR), $1298 (3BR), $1457 (4BR). Actual rent at subsidized properties like Newport Family Housing is typically 30% of household income or less.
What size apartments are available at Newport Family Housing?+
Newport Family Housing offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Newport Family Housing?+
Newport Family 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.
What is the price range for apartments in Newport, ME?+
Based on Fair Market Rent for Penobscot County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $1043. Actual rent at Newport Family Housing may be lower for income-eligible households.
What are the income limits for affordable housing in Penobscot County, ME?+
For a 4-person household in Penobscot 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.
Who manages Newport Family Housing?+
Newport Family Housing is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Penobscot County, ME
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