Academy Green
530 High Street, Bath, ME 04530
Family · 10 1BR, 10 2BR, 4 3BR
Managed by Preservation Mgmt INC
- Units
- 24
- Rental assistance
- 19
- Vacant
- 2
- Accessible
- 2
- Opened
- 1983
Maine
10 properties in Sagadahoc County have USDA Section 515 or 514 financing: 243 apartments across 4 towns. 141 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
530 High Street, Bath, ME 04530
Family · 10 1BR, 10 2BR, 4 3BR
Managed by Preservation Mgmt INC
301 Oak Grove Ave, Bath, ME 04530
Family · 6 1BR, 24 2BR, 4 3BR
Managed by Realty Resources Management
401 Oak Grove Ave, Bath, ME 04530
Elderly · 30 1BR
Managed by Realty Resources Management
29 Preble RD, Bowdoinham, ME 04008
Elderly · 16 1BR, 9 2BR
Managed by Stanford Mgmt LLC
65 Preble RD, Bowdoinham, ME 04008
Family · 5 1BR, 16 2BR
Managed by Realty Resources Management
381 Front St, Richmond, ME 04357
Family · 6 1BR, 18 2BR
381 Front St, Richmond, ME 04357
Elderly · 4 1BR
23 Winter St, Topsham, ME 04086
Elderly · 28 1BR, 4 2BR
Managed by C&C Realty Management , LLC
23 Winter St, Topsham, ME 04086
Elderly · 18 1BR, 6 2BR
Managed by C&C Realty Management , LLC
Whispering Pines, Topsham, ME 04086
Family · 5 1BR, 20 2BR
Managed by Foreside Real Estate Management
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
All 10 are limited-profit. 3 also have housing tax credits. 5 serve elderly tenants. USDA's file shows use restrictions on 2 properties here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).