Pinewood Manor

20 Manor St, Old Orchard Beach, Maine 04063

Contact Pinewood Manor

On property next to The Pines at Ocean Park, is Pinewood Manor which opened in October of 1981. Pinewood Manor offers an additional 50 apartments thru the HUD 202/8 program which aims to serve the extremely low and very low income elderly and disabled thorough Section 8 subsidized rents. Extremely low income is defined as income which is 30% of median income and very low income is defined as income fwhich is 50% or less of the median income of the area.

All 50 apartments are one bedroom with a full kitchen, bedroom, living room and bedroom. All apartments have a patio or deck off the living room. Individual uncovered parking is available for one car per apartment. There is extensive community space on each floor, from a darts area on the 3rd floor, laundry, library and computer space on the 2nd floor, to a hair dressing salon on the first floor. Pinewood residents also have access to The Pines Community Building which is located on the adjacent property and houses the Business Office.

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

Eligibility for Pinewood Manor

Pinewood Manor Details

50 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 202 Supportive Housing for the Elderly
Section 221 (d) (3)

Property Amenities

Community Room
On-Site Manager
24hr Emergency Maintenance
On-Site Recycling

Unit Amenities

Refrigerator
Bathroom Grab Bars
Stove
Cable & Internet Ready

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 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.