Fairfield Family Apartments is managed by Monroe Group Ltd..
Welcome to Fairfield Family Apartments where you can find comfortable and affordable housing for your entire family. Our family community features a mix of 2, 3 and 4-bedroom two-story town home style apartments in three buildings. It is located near the Kennebec River, one mile north of I-95 in Fairfield, close to dining and shopping as well as the Kennebec Valley Community College. Fairfield is a destination community with a vibrant downtown and an inviting waterfront. This area is surrounded by lakes including the famous Belgrade Lakes and China Lake, as well as Sugarloaf, New England's premier ski resort and many cultural amenities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1) | - | Income Based |
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 Fairfield but actual income limits may differ for units at Fairfield Family Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $26,550 | $30,350 | $34,150 | $37,900 | $40,950 | $44,000 | $47,000 | $50,050 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.