About This Property
Bowdoinham Estates comprises 25 low-income rental units in Bowdoinham, Maine, with 16 one-bedroom and 9 two-bedroom apartments. The property has been in service since 1988 and is financed through 4% Low-Income Housing Tax Credits (LIHTC). The community serves households with qualifying income levels in Sagadahoc County.
Property Details
Fair Market Rent - Sagadahoc 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 | $848 |
| 1 Bedroom | $1,023 |
| 2 Bedroom | $1,251 |
| 3 Bedroom | $1,763 |
| 4 Bedroom | $2,123 |
Income Limits - Sagadahoc County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,450
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,350
- Low (80%)
- $50,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,300
- Low (80%)
- $67,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,550
- Low (80%)
- $77,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,450 | $27,450 | $43,900 |
| 2 Persons | $18,800 | $31,350 | $50,150 |
| 3 Persons | $21,960 | $35,250 | $56,400 |
| 4 Persons | $26,500 | $39,150 | $62,650 |
| 5 Persons | $31,040 | $42,300 | $67,700 |
| 6 Persons | $35,580 | $45,450 | $72,700 |
| 7 Persons | $40,120 | $48,550 | $77,700 |
| 8 Persons | $44,660 | $51,700 | $82,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bowdoinham, ME?+
The Fair Market Rent (FMR) for Sagadahoc County, ME is: $848 (Studio), $1023 (1BR), $1251 (2BR), $1763 (3BR), $2123 (4BR). Actual rent at subsidized properties like Bowdoinham Estates is typically 30% of household income or less.
What size apartments are available at Bowdoinham Estates?+
Bowdoinham Estates offers the following unit types: 16 One-Bedroom, 9 Two-Bedroom units, for a total of 25 units.
How do I apply for housing at Bowdoinham Estates?+
Bowdoinham Estates 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 are the income limits for affordable housing in Sagadahoc County, ME?+
For a 4-person household in Sagadahoc County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,150, Low Income (80% AMI): $62,650. These limits are set by HUD and updated annually.
Who manages Bowdoinham Estates?+
Bowdoinham Estates is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Bowdoinham, ME?+
Based on Fair Market Rent for Sagadahoc County, the estimated price range is: 1-bedroom: $1023, 2-bedroom: $1251. Actual rent at Bowdoinham Estates may be lower for income-eligible households.
Contact Information
Location
Sagadahoc County, ME
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