Park Street School

14 Park Street, Kennebunk, Maine 04043

Contact Park Street School

Park Street School is a high rise apartment building with 30 apartment homes serving individuals who are 62 years or older and/or disabled. Located in beautiful Kennebunk near the town's Main Street, residents can enjoy shopping areas, restaurants and scenic views of Mousam River.

This property boasts many amenities, including: large community spaces, a media room, a function room, onsite laundry facilities, a trash room with composting, snow removal and garbage removal, ample off-street parking, as well as a beautiful community garden. Services provided to residents of this property include: resident service coordination and professional property management.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price

Eligibility for Park Street School

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 Kennebunk but actual income limits may differ for units at Park Street School.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$33,800	$38,600	$43,450	$48,250
Low Income (60%)	$40,560	$46,320	$52,140	$57,900

Park Street School Details

30 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Community Room
24hr Emergency Maintenance
On-Site Parking
Community Garden
Barber Shop and Beauty Salon
Smoke Free
Resident Activities
On-Site Laundry

Unit Amenities

Utilities Included

Nearby Amenities

Close to Downtown District

Office Hours

Day	Hours
Monday	8:30am-4:30pm
Tuesday	8:30am-4:30pm
Wednesday	8:30am-4:30pm
Thursday	8:30am-4:30pm
Friday	8:30am-4:30pm

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.