Conventional

Conventional, or Market Rate, housing is housing without rent, income restrictions, or rent subsidies. Visit our Residents page to find a conventional property near you. Find Properties

Permanent Supportive Housing (PSH) is permanent, community-based housing targeting extremely low income households with serious disabilities. PSH provides for continued occupancy with an indefinite length of stay as long as the PSH resident complies with lease requirements. At Fairfield Homes, Inc. we are proud to have added Pearl House, a community serving the needs of […]

Low Income Housing Tax Credit program (LIHTC) is a federal housing assistance program that assists developers to finance the development of affordable housing. These tax credits are sold to investors to raise capital to build affordable home communities. Tax credits are allocated in a highly competitive process that relies on an assessment of the financial […]

Section 515 Rural Rental Housing Loans are direct, competitive mortgage loans made by the U.S. Department of Agriculture (USDA) to provide affordable multi-family rental housing for very low, low-and moderate income families, elderly individuals and individuals with disabilities. Moderate-income tenants in Section 515 have an income cap of $5,500 above the low-income limit (between 50% […]

The Section 8 Project-Based Assistance provides rental assistance for very low (below 50% of area median income) and extremely low (below 30% of area median income) income households. Project-based subsidies are tied to a specific unit for the length of the term of a Housing Assistance Payment (HAP) contract. Under a HAP contract, HUD provides […]