About This Property
Covered Bridge Apts offers 10 two-bedroom units in Guilford, Maine, serving low-income households. The property has been in service since 1996 and receives 4% Low-Income Housing Tax Credit financing. All units are designated as affordable housing.
Property Details
Fair Market Rent - Piscataquis 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 | $697 |
| 1 Bedroom | $782 |
| 2 Bedroom | $1,028 |
| 3 Bedroom | $1,271 |
| 4 Bedroom | $1,535 |
Income Limits - Piscataquis 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 Guilford, ME?+
The Fair Market Rent (FMR) for Piscataquis County, ME is: $697 (Studio), $782 (1BR), $1028 (2BR), $1271 (3BR), $1535 (4BR). Actual rent at subsidized properties like Covered Bridge Apts is typically 30% of household income or less.
What size apartments are available at Covered Bridge Apts?+
Covered Bridge Apts offers the following unit types: 10 Two-Bedroom units, for a total of 10 units.
Who manages Covered Bridge Apts?+
Covered Bridge Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Piscataquis County, ME?+
For a 4-person household in Piscataquis 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.
What is the price range for apartments in Guilford, ME?+
Based on Fair Market Rent for Piscataquis County, the estimated price range is: 2-bedroom: $1028. Actual rent at Covered Bridge Apts may be lower for income-eligible households.
How do I apply for housing at Covered Bridge Apts?+
Covered Bridge 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.
Walk Score
Almost All Errands Require a Car