Vincent Square Apartments
80 Mill Street, Auburn, ME, 04210
17 LIHTC units, which include 11 one bedroom units and 6 two bedroom units.
Low Income Housing Tax Credit (LIHTC)
The Low Income Housing Tax Credit (LIHTC) program was created in 1986 and is the largest source of new affordable housing in the United States for eligible tenant families, the elderly, and persons with disabilities.
The LIHTC program does not provide housing subsidies. The tax credit subsidies provide a moderate level of affordability through rent restrictions to benefit residents. Each LIHTC Property's minimum affordability requirements detail the rental rate at which a unit can be offered to be considered “affordable,” who can qualify for affordable housing.
Auburn Housing Authority has 86 Units of LIHTC across three developments. Each of the developments has its own set of affordability restrictions to benefit the residents.
Webster School Apartments
95 Hampshire Street, Auburn, ME 04210
This property was redevelopment in 2012 and offers spacious 1, 2 & 3 bedroom apartments. Androscoggin Head Start & Child Care is also on site. Webster School was named to the National Register of Historic Places.
62 Spring Street
62 Spring Street, Auburn, Maine
Is a 41 unit LIHTC mixed-use development located in the heart of Downtown Auburn, Maine.