Cocheco Park Apartments

40 Chestnut Street , Dover, New Hampshire 03820

Contact Cocheco Park Apartments

Cocheco Park Apartments are set along the Cocheco River in Dover, a highly desirable New Hampshire seacoast city. POAH's purchase ensures that the 102 apartments for senior households will remain affordable at least through the year 2025.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	620	Call for Price

Eligibility for Cocheco Park Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Dover but actual income limits may differ for units at Cocheco Park Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$25,900	$29,600	$33,300	$36,950	$39,950	$42,900	$45,850	$50,560
50%	$43,150	$49,300	$55,450	$61,600	$66,550	$71,500	$76,400	$81,350
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950

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 Dover but actual income limits may differ for units at Cocheco Park Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$43,150	$49,300	$55,450	$61,600	$66,550	$71,500	$76,400	$81,350
Low Income (60%)	$51,780	$59,160	$66,540	$73,920	$79,860	$85,800	$91,680	$97,620

Cocheco Park Apartments Details

75 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Community Room
24hr Emergency Maintenance
Covered Parking
Underground Parking

Unit Amenities

Air Conditioning
Garbage Disposal
Cable Ready
Utilities Included
Window Coverings
Carpet
Refrigerator

Nearby Amenities

Close to Dining
Close to Public Transportation
Close to Shopping
Near Library
Near Park
Near Schools

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.