About This Property
Pleasantwood Estate IV offers 30 two-bedroom units in Old Orchard Beach, Maine, with 6 units designated for low-income households. The property has been in service since 1988 and is funded through tax-exempt bonds.
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 Old Orchard Beach, 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 Pleasantwood Estate Iv is typically 30% of household income or less.
What size apartments are available at Pleasantwood Estate Iv?+
Pleasantwood Estate Iv offers the following unit types: 30 Two-Bedroom units, for a total of 30 units.
Who manages Pleasantwood Estate Iv?+
Pleasantwood Estate Iv is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Pleasantwood Estate Iv?+
Pleasantwood Estate Iv 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 is the price range for apartments in Old Orchard Beach, ME?+
Based on Fair Market Rent for York County, the estimated price range is: 2-bedroom: $1416. Actual rent at Pleasantwood Estate Iv may be lower for income-eligible households.
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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