About This Property
Mountainview Terrace offers 36 low-income units in Skowhegan, Maine, with a unit mix of 12 one-bedroom, 20 two-bedroom, and 4 three-bedroom apartments. The property has been in service since 1996 and serves the Somerset County area.
Property Details
Fair Market Rent - Somerset 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 | $815 |
| 1 Bedroom | $846 |
| 2 Bedroom | $1,026 |
| 3 Bedroom | $1,269 |
| 4 Bedroom | $1,465 |
Income Limits - Somerset 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 Skowhegan, ME?+
The Fair Market Rent (FMR) for Somerset County, ME is: $815 (Studio), $846 (1BR), $1026 (2BR), $1269 (3BR), $1465 (4BR). Actual rent at subsidized properties like Mountainview Terrace is typically 30% of household income or less.
What size apartments are available at Mountainview Terrace?+
Mountainview Terrace offers the following unit types: 12 One-Bedroom, 20 Two-Bedroom, 4 Three-Bedroom units, for a total of 36 units.
Who manages Mountainview Terrace?+
Mountainview Terrace is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Mountainview Terrace?+
Mountainview Terrace 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 Somerset County, ME?+
For a 4-person household in Somerset 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 Skowhegan, ME?+
Based on Fair Market Rent for Somerset County, the estimated price range is: 1-bedroom: $846, 2-bedroom: $1026, 3-bedroom: $1269. Actual rent at Mountainview Terrace may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car