Island Apartments

2 Island Ave, Fairfield, Maine 04937

Contact Island Apartments

Are you or a loved one finding it increasingly difficult to keep up with maintaining a house? Come rent with Island Apartments and let us take care of the hassle. The rent is based on 30% of household income, making it affordable for those who need it the most. We offer easy living with a piece of mind, 24hr on call maintenance, A Resident Services Coordinator, and attentive property management staff. Island Apartments is a secured building, offers on site laundry, free off-street parking. Rent includes heat/hot water, lights, and water also. Getting older can be lonely; Why not live in a community where you are surrounded by others your own age. There is a waiting list, so get your application in now! If you are 62 or older and/or disabled give us a call today to request an application: Eagle Point Management (207)784-0446.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price

Eligibility for Island 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 Fairfield but actual income limits may differ for units at Island 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

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 Island 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
Low Income (60%)	$31,860	$36,420	$40,980	$45,480	$49,140	$52,800	$56,400	$60,060

Island Apartments Details

23 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Nearby Amenities

Nearby Parks and Recreation

Section 8 Project-Based Rental Assistance (PBRA)

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.

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.