Equinox will provide 43 units of affordable housing with on-site amenities including a community lounge, community kitchen, laundry room, indoor bike & stroller room, manager and resident services offices, tele-med capabilities, outdoor gathering space and more.

 

The site is close to public transportation, healthcare, a school, grocery stores, public green spaces, and many other neighborhood resources.

 

The building is designed to be fossil fuel-free and will be built to Passive House performance standards.

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​Now accepting applications! 

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Click here for more information!

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Size

• 43 Units:

• Unit mix: ​​

  • 0 bedroom: 6

    • Units are 483 square feet (average)

  • 1 bedroom: 15

    • Units are 634 square feet (average)

  • 2 bedroom: 13

    • Units are 812 square feet (average)

  • 3 bedroom: 9

    • Units are 1091 square feet (average)

• 41,437 Square Feet

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Target Population

• Families

• People at or below 50% area median income (26 units)

• People at or below 60% area median income (17 units)

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Property Features

• Built to Passive House Performance Standards

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Amenities

• Professionally managed 24-hour emergency maintenance

• Smoke-free building

• Elevator

• Community room

• On-site laundry

• Air conditioning

• In-town location close to amenities

• Now under construction! 

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Construction Type

• New Construction

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Financing

• 4% Tax Credits

• 4% Maine State Affordable Housing Tax Credit

• Construction Lender: Maine State Housing Authority

• Syndicator:  Boston Financial

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Development Cost

• Estimated $19.6 million

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Year Completed

• Estimated Completion Date: Fall 2024

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Development Team

• LP: Equinox Housing Partners LP

• Project Manager: Robyn Wardell/Bree LaCasse

• Architect: Ryan Senatore Architecture

• Construction Manager-at-Risk: Zachau Construction

• Property Manager: Preservation Management, Inc.

• Insurance Agent: Clark Insurance
• Legal Counsel: Curtis Thaxter Attorneys at Law, Maurice A. Selinger, III

• Accountant: Otis Atwell

• Engineers: Acorn Engineering, Structural Integrity a

• Landscape Architect: Aceto Landscape Architects

• Sustainability Consultant: Thornton Tomasetti a

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Sample Floor Plans: