The Residences at Abenaki Springs

17 Avery Lane, Walpole, New Hampshire 03608

Taking its name from the nearby “healing” springs that were historically frequented by visitors coming to Walpole by train in the late 1800’s, The Residences at Abenaki Springs is a new, residential multi-family development being created to provide quality, energy-efficient, low-maintenance homes for the local and regional community. There are two buildings at this property, one with 21 units and one with 22 units, each with a mix of both 1- and 2-bedroom floor plans.

A third phase is in development.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	665	Call for Price
Two Bedroom (2/2)	1010	Call for Price

Eligibility for The Residences at Abenaki Springs

The Residences at Abenaki Springs Details

21 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Controlled Access
Community Room
Energy Star Appliances
Snow Removal
Lawn Care
Accessible Apartments
On-Site Laundry

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.