Avesta Housing has opened 24 affordable housing units in Gorham for people age 62 or older.
Ridgewood at Village Square consists of one- and two-bedroom apartments targeted to households at or below 60 percent of the area’s median income, or a maximum of $37,020 for a two-person household. All rents are subsidized based on 30 percent of a tenant’s adjusted household income.
The units are coming on the market amid high demand for affordable rental units, especially for older residents.
“Ridgewood filled up fast and there are no vacancies,” said Sara Olsen, development and communications manager at Avesta Housing. “In fact, there are already 42 households on the wait list.”