About This Property
Milford Mills Phases I & II comprises 70 one-bedroom apartments serving elderly residents in Milford, NH. The property was placed in service in 2005 and is owned by a non-profit organization. Financing includes HOME funds, tax-exempt bonds, and FHA support, with 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Hillsborough County, NH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,326 |
| 1 Bedroom | $1,489 |
| 2 Bedroom | $1,956 |
| 3 Bedroom | $2,528 |
| 4 Bedroom | $2,737 |
Income Limits - Hillsborough County, NH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $23,050
- Very Low (50%)
- $38,400
- Low (80%)
- $55,950
- Extremely Low (30%)
- $26,350
- Very Low (50%)
- $43,850
- Low (80%)
- $63,950
- Extremely Low (30%)
- $29,650
- Very Low (50%)
- $49,350
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,900
- Very Low (50%)
- $54,800
- Low (80%)
- $79,900
- Extremely Low (30%)
- $35,550
- Very Low (50%)
- $59,200
- Low (80%)
- $86,300
- Extremely Low (30%)
- $38,200
- Very Low (50%)
- $63,600
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,800
- Very Low (50%)
- $68,000
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $72,350
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $23,050 | $38,400 | $55,950 |
| 2 Persons | $26,350 | $43,850 | $63,950 |
| 3 Persons | $29,650 | $49,350 | $71,950 |
| 4 Persons | $32,900 | $54,800 | $79,900 |
| 5 Persons | $35,550 | $59,200 | $86,300 |
| 6 Persons | $38,200 | $63,600 | $92,700 |
| 7 Persons | $40,800 | $68,000 | $99,100 |
| 8 Persons | $44,660 | $72,350 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Milford, NH?+
The Fair Market Rent (FMR) for Hillsborough County, NH is: $1326 (Studio), $1489 (1BR), $1956 (2BR), $2528 (3BR), $2737 (4BR). Actual rent at subsidized properties like Milford Mills Phases I & Ii is typically 30% of household income or less.
What size apartments are available at Milford Mills Phases I & Ii?+
Milford Mills Phases I & Ii offers the following unit types: 70 One-Bedroom units, for a total of 70 units.
How do I apply for housing at Milford Mills Phases I & Ii?+
Milford Mills Phases I & Ii 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 Hillsborough County, NH?+
For a 4-person household in Hillsborough County, NH, the income limits are: Extremely Low Income (30% AMI): $32,900, Very Low Income (50% AMI): $54,800, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Milford, NH?+
Based on Fair Market Rent for Hillsborough County, the estimated price range is: 1-bedroom: $1489. Actual rent at Milford Mills Phases I & Ii may be lower for income-eligible households.
Who is eligible to live at Milford Mills Phases I & Ii?+
Milford Mills Phases I & Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Milford Mills Phases I & Ii?+
Milford Mills Phases I & Ii 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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