Lincoln Green Apartments

24 Lincoln Green Rd, Lincoln, New Hampshire 03251

Contact Lincoln Green Apartments

Lincoln Green Apartments offer 1-bedroom and 2-bedroom floor plans. There is a large community room, library, elevator, and laundry facility on-site for residents. Privately situated in the mountain village of Lincoln, the community is close to to shops, downtown and the local Senior Center. Rent is based on 30% of monthly income and includes heat and hot water. Must be 62 years of age or disabled/handicapped (regardless of age) to qualify. Income limits apply.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Income Based
Two Bedroom (2/1)	-	Income Based
Two Bedroom (2/1)	-	Income Based

Eligibility for Lincoln Green 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 Lincoln but actual income limits may differ for units at Lincoln Green Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$21,000	$24,000	$27,000	$30,000
50%	$35,000	$40,000	$45,000	$50,000
80%	$56,000	$64,000	$72,000	$80,000

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 Lincoln but actual income limits may differ for units at Lincoln Green Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$35,000	$40,000	$45,000	$50,000

Lincoln Green Apartments Details

35 one and two bedroom units.
Heat utility included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Community Room
Library
Off-Street Parking
On-Site Laundry

Unit Amenities

Heat and Hot Water Included

Nearby Amenities

Close to Downtown District
Close to Shopping

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.

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.

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.