Island View Apartments

151 North Street, Portland, Maine 04101

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Island View Apartments is managed by Housing Management Resources.

Located in Portland, Maine, a popular vacation destination, Island View Apartments is a community offering one, two, and three bedroom apartment homes for rent. The three bedroom apartments are available in flat, loft, and townhouse styles, allowing you to choose the home that best suits your needs at a very affordable price. This beautiful, custom modeled property, built in 2002, is nestled atop Munjoy Hill, just minutes from everything that Downtown Portland has to offer! Professionally managed by Housing Management Resources, Inc., Island View Apartments offer residents a number of fabulous amenities, including free off street parking, 24 hour emergency maintenance service, private balcony and patio space, kitchens equipped with energy efficient appliances, a fitness center, a fun filled playground, and excellent water views of Portland's Back Bay. Contact us online or by phone or fax and our professional, on site staff will help you to schedule a tour of your new home at Island View Apartments today!

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 624 Call for Price
2 Bedroom (2/1) 864 Call for Price
3 Bedroom (3/2) 1060 Call for Price
3 Bedroom Loft (3/2) 1080 Call for Price
3 Bedroom Townhouse (3/2) 1936 Call for Price
3 Bedroom (3/1) 960 Call for Price

Eligibility for Island View 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 Portland but actual income limits may differ for units at Island View Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $32,550 $37,200 $41,850 $46,450 $50,200 $53,900
Low Income (60%) $39,060 $44,640 $50,220 $55,740 $60,240 $64,680

Island View Apartments Details

  • 70 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Fitness Center
  • Playground
  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Window Coverings
  • Carpet
  • Yard
  • Refrigerator

Nearby Amenities

  • Close to Business District
  • Close to Downtown District
  • Near Park
  • Near Schools

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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