The Gerald

151 Main St, Fairfield, Maine 04937

Contact The Gerald

HOUSING FOR:

Housing for 55+

RENT:

There are 2 different rent levels for each size apt, levels are based on Somerset County income limits. Minimum income approximately 15,000 yr up to income limit for household size - or - housing choice vouchers, BRAP, and other subsidies.

VACANCIES:
No Current Openings

SUBMIT PRESCREEN FORM NOW!

28 Units - 26 one bedroom, and 2 two bedroom units
Elevator Building
Somerset County income limits apply
Laundry Facilities On-Site
Includes Heat and Hot Water and Electricity
Resident Service Coordinator Available
Community Room Available for Use
Free Wireless Internet
Convenient to Downtown
This property is recognized as preservation of an historic building
Pets Allowed

VIEW FLYER

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	$520
2 Bedroom (2/1)	-	Call for Price

Eligibility for The Gerald

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 The Gerald.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$26,550	$30,350	$34,150	$37,900
Low Income (60%)	$31,860	$36,420	$40,980	$45,480

The Gerald Details

28 one and two bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Heat utility included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Community Room
Resident Service Coordinator
Laundry Facilities
Utility Allowance
Free High Speed Internet Access

Nearby Amenities

Close to Downtown District

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.