About This Property
Marble Oaks is a 16-unit affordable housing property in Waldoboro, Maine that has served low-income families since 2005. The community offers eight 2-bedroom and eight 3-bedroom units and is funded through HOME program resources. A non-profit organization owns and manages the property, which utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Lincoln County, ME
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $942 |
| 1 Bedroom | $978 |
| 2 Bedroom | $1,183 |
| 3 Bedroom | $1,575 |
| 4 Bedroom | $1,654 |
Income Limits - Lincoln County, ME
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,150
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,900
- Low (80%)
- $62,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,150 | $25,200 | $40,350 |
| 2 Persons | $17,420 | $28,800 | $46,100 |
| 3 Persons | $21,960 | $32,400 | $51,850 |
| 4 Persons | $26,500 | $36,000 | $57,600 |
| 5 Persons | $31,040 | $38,900 | $62,250 |
| 6 Persons | $35,580 | $41,800 | $66,850 |
| 7 Persons | $40,120 | $44,650 | $71,450 |
| 8 Persons | $44,660 | $47,550 | $76,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waldoboro, ME?+
The Fair Market Rent (FMR) for Lincoln County, ME is: $942 (Studio), $978 (1BR), $1183 (2BR), $1575 (3BR), $1654 (4BR). Actual rent at subsidized properties like Marble Oaks is typically 30% of household income or less.
What size apartments are available at Marble Oaks?+
Marble Oaks offers the following unit types: 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 16 units.
How do I apply for housing at Marble Oaks?+
Marble Oaks is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Marble Oaks?+
Marble Oaks is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Lincoln County, ME?+
For a 4-person household in Lincoln County, ME, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.
What is the price range for apartments in Waldoboro, ME?+
Based on Fair Market Rent for Lincoln County, the estimated price range is: 2-bedroom: $1183, 3-bedroom: $1575. Actual rent at Marble Oaks may be lower for income-eligible households.
Who is eligible to live at Marble Oaks?+
Marble Oaks primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.