Jaffrey Mill Apartments is managed by Stewart Property Management.
Located in Jaffrey’s Main Street Community District, Jaffrey Mill is situated on the Contoocook River. This historic mill building has been converted into thirty modern apartments in a three-story setting. There are one, two and three-bedroom sized apartments available. All apartments include a tenant storage area in the basement, which is included in the rent. Several apartments are accessible to persons with disabilities. Many apartment feature walk in closets. There is also an elevator and convenient on-site laundry facilities. Ample parking is available. Heat and Hot Water are included with the rent. 1BR Rent starting at $709, 2BR Rent starting at $821, 3BR Rent starting at $913.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | $709 |
2 Bedroom (2/1) | - | $821 |
3 Bedroom (3/1) | - | $913 |
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 Jaffrey but actual income limits may differ for units at Jaffrey Mill Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $35,000 | $40,000 | $45,000 | $50,000 | $54,000 | $58,000 |
Low Income (60%) | $42,000 | $48,000 | $54,000 | $60,000 | $64,800 | $69,600 |
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.