Observatory Apartments
8 Charleston Rd, Charleston, Maine 04422
16 Unit complex with (4) Efficiency apartments and (12) 1 BR apartments. All of these apartments are subsidized. This is a
Section 202 property designated to house a resident that is at least 62 years of age or disabled. Electricity, heat and hot water are included.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Efficiency (Studio/1) | - | Call for Price |
| One Bedroom (1/1) | - | Call for Price |
Eligibility for Observatory Apartments
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Charleston but actual income limits may differ for units at Observatory Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $15,950 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,050 |
| 50% | $26,550 | $30,350 | $34,150 | $37,900 | $40,950 | $44,000 | $47,000 | $50,050 |
| 80% | $42,450 | $48,500 | $54,550 | $60,600 | $65,450 | $70,300 | $75,150 | $80,000 |
Observatory Apartments Details
- 16 studio and one bedroom units.
- Water and Sewer utilities included in rent
- Electricity utility included in rent
- Heat utility included in rent
- Section 202 Supportive Housing for the Elderly
Unit Amenities
- Handicapped Accessible
- Heat and Hot Water Included
Section 202 Supportive Housing for the Elderly
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
Images of Observatory Apartments
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