About This Property
Cascade Brook offers 30 low-income rental units in Saco, Maine, serving elderly residents. The property includes 24 one-bedroom and six two-bedroom apartments and has been in service since 2012. Financing through TCAP and 9% Low-Income Housing Tax Credits supports the affordability of this community.
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 Saco, 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 Cascade Brook (Saco) is typically 30% of household income or less.
What size apartments are available at Cascade Brook (Saco)?+
Cascade Brook (Saco) offers the following unit types: 24 One-Bedroom, 6 Two-Bedroom units, for a total of 30 units.
Who manages Cascade Brook (Saco)?+
Cascade Brook (Saco) is managed by . You can reach them at .
Who is eligible to live at Cascade Brook (Saco)?+
Cascade Brook (Saco) primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
What is the price range for apartments in Saco, ME?+
Based on Fair Market Rent for York County, the estimated price range is: 1-bedroom: $1136, 2-bedroom: $1416. Actual rent at Cascade Brook (Saco) may be lower for income-eligible households.
How do I apply for housing at Cascade Brook (Saco)?+
Cascade Brook (Saco) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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