About This Property
Park Street School Kennebunk contains 30 low-income units serving elderly residents in Kennebunk, Maine. The property includes 28 one-bedroom and 2 two-bedroom apartments and has been in service since 2012. Funding for the development included TCAP resources and 9% LIHTC credits.
Property Details
Fair Market Rent - York 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 | $1,023 |
| 1 Bedroom | $1,136 |
| 2 Bedroom | $1,416 |
| 3 Bedroom | $1,853 |
| 4 Bedroom | $2,033 |
Income Limits - York County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,400
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $19,900
- Very Low (50%)
- $33,200
- Low (80%)
- $53,050
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,350
- Low (80%)
- $59,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,100
- Low (80%)
- $76,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,400
- Low (80%)
- $82,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,750
- Low (80%)
- $87,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,400 | $29,050 | $46,450 |
| 2 Persons | $19,900 | $33,200 | $53,050 |
| 3 Persons | $22,400 | $37,350 | $59,700 |
| 4 Persons | $26,500 | $41,450 | $66,300 |
| 5 Persons | $31,040 | $44,800 | $71,650 |
| 6 Persons | $35,580 | $48,100 | $76,950 |
| 7 Persons | $40,120 | $51,400 | $82,250 |
| 8 Persons | $44,660 | $54,750 | $87,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kennebunk, ME?+
The Fair Market Rent (FMR) for York County, ME is: $1023 (Studio), $1136 (1BR), $1416 (2BR), $1853 (3BR), $2033 (4BR). Actual rent at subsidized properties like Park Street School Kennebunk is typically 30% of household income or less.
What size apartments are available at Park Street School Kennebunk?+
Park Street School Kennebunk offers the following unit types: 28 One-Bedroom, 2 Two-Bedroom units, for a total of 30 units.
How do I apply for housing at Park Street School Kennebunk?+
Park Street School Kennebunk 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 York County, ME?+
For a 4-person household in York County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,450, Low Income (80% AMI): $66,300. These limits are set by HUD and updated annually.
Who is eligible to live at Park Street School Kennebunk?+
Park Street School Kennebunk primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Kennebunk, ME?+
Based on Fair Market Rent for York County, the estimated price range is: 1-bedroom: $1136, 2-bedroom: $1416. Actual rent at Park Street School Kennebunk may be lower for income-eligible households.
Who manages Park Street School Kennebunk?+
Park Street School Kennebunk is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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