Ridgeland Estates is managed by South Portland Housing Authority.
This three-story, 80-unit apartment complex is for persons 55 years of age or older who qualify under the income limits determined by Maine State Housing Authority. This property is considered affordable housing and has two rent levels established by MSHA guidelines ($550 and $650 per month). All of the apartments are one-bedroom with some being handicapped accessible.
Please contact the South Portland Housing Authority at (207) 773-4140 for more information.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
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 South Portland but actual income limits may differ for units at Ridgeland Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $32,550 | $37,200 | $41,850 | $46,450 | $50,200 | $53,900 | $57,600 | $61,350 |
Low Income (60%) | $39,060 | $44,640 | $50,220 | $55,740 | $60,240 | $64,680 | $69,120 | $73,620 |
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.