About This Property
Sherwood Apts offers 26 low-income units in Skowhegan, Maine, comprising ten one-bedroom, ten two-bedroom, and six three-bedroom apartments. The property was placed in service in 1988 and operates with 4% Low-Income Housing Tax Credits. Prospective residents and stakeholders can contact the property management for additional information regarding availability and lease terms.
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 Sherwood Apts is typically 30% of household income or less.
What size apartments are available at Sherwood Apts?+
Sherwood Apts offers the following unit types: 10 One-Bedroom, 10 Two-Bedroom, 6 Three-Bedroom units, for a total of 26 units.
How do I apply for housing at Sherwood Apts?+
Sherwood 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.
Who manages Sherwood Apts?+
Sherwood Apts is managed by . You can reach them at . Visit their website for more information.
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 Sherwood Apts may be lower for income-eligible households.