About This Property
Stephen Eaton Apts is a 36-unit affordable housing community in Wells, Maine that serves elderly residents. The property includes 26 one-bedroom units and 10 two-bedroom units and has been in service since 2007. A non-profit organization owns and operates the community, which was developed with HOME funds and tax-exempt bond financing.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wells, 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 Stephen Eaton Apts is typically 30% of household income or less.
What size apartments are available at Stephen Eaton Apts?+
Stephen Eaton Apts offers the following unit types: 26 One-Bedroom, 10 Two-Bedroom units, for a total of 36 units.
Who manages Stephen Eaton Apts?+
Stephen Eaton Apts is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Stephen Eaton Apts?+
Stephen Eaton 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.
What is the price range for apartments in Wells, ME?+
Based on Fair Market Rent for York County, the estimated price range is: 1-bedroom: $1136, 2-bedroom: $1416. Actual rent at Stephen Eaton Apts may be lower for income-eligible households.
Who is eligible to live at Stephen Eaton Apts?+
Stephen Eaton Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
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