About This Property
Pine Ledge Terrace offers 48 affordable rental units in Saco, Maine, including 37 low-income units. The property includes 16 one-bedroom units, 31 two-bedroom units, and one three-bedroom unit, and has been in service since 1995. For more information or to inquire about availability, contact the property management office.
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 Pine Ledge Terrace is typically 30% of household income or less.
What size apartments are available at Pine Ledge Terrace?+
Pine Ledge Terrace offers the following unit types: 16 One-Bedroom, 31 Two-Bedroom, 1 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Pine Ledge Terrace?+
Pine Ledge Terrace 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.
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 manages Pine Ledge Terrace?+
Pine Ledge Terrace is managed by . You can reach them at .
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, 3-bedroom: $1853. Actual rent at Pine Ledge Terrace may be lower for income-eligible households.
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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