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North Ridge Apartments

17 Jacobs Avenue, Caribou, Maine 04736

34 Unit complex with (1) 1 BR apartment, (23) 2 BR apartments, (2) 2 BR handicap accessible apartments, and (8) 3 BR apartments. Each apartment has a private entrance. This is a conventional housing complex with tax credits. The rent is $597.00 for a 1 BR apartment, $711.00 for a 2 BR apartment , $879.00 for a 3 BR apartment and $925 for 3 BR in a 2 unit building.

Electricity, heat and hot water are included. There is limited in-house rental assistance available.

Section 8 vouchers welcomed! Contact Caribou Housing at 207-493-4234 to apply for a voucher.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $633
Two Bedroom (2/1) - $742
Three Bedroom (3/1) - To $950

Eligibility for North Ridge Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Caribou but actual income limits may differ for units at North Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $26,550 $30,350 $34,150 $37,900 $40,950 $44,000
Low Income (60%) $31,860 $36,420 $40,980 $45,480 $49,140 $52,800

North Ridge Apartments Details

  • 49 one, two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Utilities Included
  • Private Entrance
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Images of North Ridge Apartments
Image of North Ridge Apartments