Shiretown Apartments

7 Valley View Rd, Machias, Maine 04654

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20 unit complex with 1 and 2 BR subsidized apartments. Residents are responsible for their electricity - it is electric heat, please remember that the average cost of the electric bill is taken into consideration when determining the rental amount. There are coin-operated laundry facilities on site. Small pets such as a dog or cat allowed, up to 20 pounds full grown, with a pet deposit. Animals such as snakes and birds are not allowed.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Income Based
Two Bedroom (2/1) - Income Based

Eligibility for Shiretown Apartments

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 Machias but actual income limits may differ for units at Shiretown Apartments.

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

Shiretown Apartments Details

  • 20 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 521 USDA Rental Assistance
  • Section 515 Rural Rental Housing

Property Amenities

  • Coin-Operated Laundry
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 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.

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.

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