About This Property
One Flagg Place offers 24 low-income units in Veazie designed to serve elderly residents. The property includes 20 one-bedroom and four two-bedroom units and has been in service since 2008. Funding sources include HOME and 9% Low-Income Housing Tax Credits, with the property owned and operated by a non-profit organization.
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 Veazie, 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 One Flagg Place is typically 30% of household income or less.
What size apartments are available at One Flagg Place?+
One Flagg Place offers the following unit types: 20 One-Bedroom, 4 Two-Bedroom units, for a total of 24 units.
Who is eligible to live at One Flagg Place?+
One Flagg Place primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at One Flagg Place?+
One Flagg Place 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 manages One Flagg Place?+
One Flagg Place is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Veazie, ME?+
Based on Fair Market Rent for Penobscot County, the estimated price range is: 1-bedroom: $794, 2-bedroom: $1043. Actual rent at One Flagg Place 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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