Sebasticook River Apartments

263 Elm St, Newport, Maine 04953

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Sebasticook River Apartments is managed by Realty Resources Management.

Are you or a loved one in need of senior living in the Newport, Maine area? Look no further than Sebasticook River Apartments! Our beautiful community offers subsidized apartment homes and welcome residents 62 or better and/or disabled. Enjoy the convenience of being close to everything with easy access to I-95, local restaurants, and businesses.

Uniquely designed with the amenities that you deserve, our apartment features are second to none. Our inviting one bedroom homes include ample closet space, breakfast bar, pantry, all electric kitchen, and much more! Assistive animals are welcome. Sebasticook River Apartments offers residents incredible comfort in a relaxing setting.

Proud of our time-honored commitment to quality, we will continually strive to make your home a special place to live. Our community features a laundry facility, elevator, on-call and on-site maintenance, and more to ensure our residents feel at ease and at home. Visit today – we think you will agree that Sebasticook River Apartments is the place you’ll want to call home.

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

Eligibility for Sebasticook River Apartments

Sebasticook River Apartments Details

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

Property Amenities

  • Elevator
  • On-Site Parking
  • On-Site Maintenance
  • Laundry Facility

Unit Amenities

  • Handicapped Accessible
  • Cable Ready
  • Walk-in Closet(s)
  • Kitchen Pantry

Nearby Amenities

  • Close to Public Transportation

Office Hours

Day Hours
Monday 8:00am-4:30pm
Tuesday 8:00am-4:30pm
Wednesday 8:00am-4:30pm
Thursday 8:00am-4:30pm
Friday 8:00am-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.

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