BATH — On Aug. 2, Bath City Council will review two different proposals to develop 26 Summer St., former site of the Bath YMCA.

One proposal, made by the Szanton Company and Bath Housing Authority, would construct between 42 and 49 mixed-income apartments. The other, made by the NewHeight Group, would construct between 20 and 30 residential condominiums starting in the “mid $200,000” range.

Data from Maine State Housing Authority shows that for the majority of Bath residents, NewHeight’s proposal would be out of reach, and would add to the already worse-than-state-average affordability of housing in Bath.

The last two large developments in Bath speak to the demand for mixed-income housing, and are roughly equivalent to the proposals Bath Council will hear on Aug. 2.

Riverwalk, which is comprised of condominiums starting in the high $400,000 range, is composed of multiple buildings along Commercial and Front streets, along the Kennebec River. So far, 145 Commercial Street, which was slated for completion in August, is entirely unsold, and 155 Commercial Street still has one available and two pending units. The original proposal includes approval for an additional three buildings.

While the NewHeight Group’s proposal for condos at 26 Summer Street has prices starting much lower than Riverwalk’s, the price per square foot is equivalent. The Riverwalk floor plans in units already sold average $325 per square foot. Assuming a $230,000 cost for NewHeight’s smallest proposed 700-square-foot condo, and a $400,000 price for the largest 1,200-square-foot apartments, the price per square foot would be an average of $330.

In contrast, the Huse School Apartment development, which transformed the former John E. L. Huse Elementary School into mixed-income apartments going for both Fair Market Rent and market rate, was composed of 59 separate apartment units. Before the building was even completed, 47 of the units were already spoken for, the majority of which were market rate or for individuals making less than 50 percent of median income in the area.

Most of the apartments still available are one bedroom for households making between $23,500 and $29,600.

“That particular slice of the building is renting more slowly, because the potential universe of renters is getting smaller,” said Nathan Szanton, principal of the Szanton Company. “To us, that speaks to the depths of pent-up demand for this type of housing.”

In 2016, 72 percent of homes sold in Bath were considered “unattainable” by Maine State Housing Authority, despite a median sale price ($149,574) that’s $40,000 cheaper than the state median. Bath was 20 percent worse than the state average when it comes to attainable home sales. Coupled with a median income that’s $8,000 less than what one would need, 57 percent of Bath residents will never be able to buy a home even at $149,574.

The story is much the same for renters. The median income for someone renting a home or apartment in Bath is $25,937— $4,000 lower than the median of Sagadahoc County and $3,500 lower than the state average. The income level considered “extremely low income” by the U.S. Department of Housing and Urban Development for a family of four is $24,500.

Finding a vacant apartment, as well, is a challenge, as vacancies in Bath are below the state average and have been steadily declining, according to HUD. In 2010, rental vacancies were sitting at 11.2 percent; in 2015 they were 6.8 percent, declining from 478 to 275, a 57 percent reduction.

The trouble with all this is apparent at Bath Housing, which offers apartments at Fair Market Rent prices. Typically, FMR is calculated based on local housing prices and wages, and renters pay around 30 percent of their income on housing. Waiting lists for some of those apartments can be extremely long.

“When Bath Housing has a vacant apartment, we are serving families that applied for housing in September 2014 and seniors that applied in October 2015,” said Deb Keller, executive director. “We have not seen this change for the positive in the past three years; if anything, the waits have gotten longer.”