4931 Fairington Drive, Fort Wayne, IN 46825
Waiting List Forecast: Likely Long or Closed
Verified for 2020 by Gene B. Glick Marketing, Ben D. Layfield, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 620 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Fairington Apartments provides one bedroom apartment homes for those 62 years of age and older or disabled in Fort Wayne, Indiana. Our community is a federally subsidized apartment community with rents and eligibility are determined by government regulations. We are located off North Clinton Street near shopping, entertainment, and dining. Our community offers a variety of amenities including a picnic area, a gazebo, a business center, laundry facilities in each building, social lobbies and much more. Our apartment homes provide a balcony or patio, emergency pull cords, an open concept and abundant storage. This community is managed by the Gene B. Glick Company.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Fairington of Fort Wayne is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 620ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,600 / year | $20,100 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $29,300 / year | $33,500 / year | $37,700 / year | $41,850 / year | $45,200 / year | $48,550 / year | $51,900 / year | $55,250 / year |
| 50% AMI for PBRA Units | $29,300 / year | $33,500 / year | $37,700 / year | $41,850 / year | $45,200 / year | $48,550 / year | $51,900 / year | $55,250 / year |
| 80% AMI for PBRA Units | $46,900 / year | $53,600 / year | $60,300 / year | $66,950 / year | $72,350 / year | $77,700 / year | $83,050 / year | $88,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Fairington of Fort Wayne have a waiting list?
Fairington of Fort Wayne probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Fairington of Fort Wayne?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Fairington of Fort Wayne?
Fairington of Fort Wayne is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.
In addition to Fairington of Fort Wayne, how many other affordable housing properties (and units) are there in Fort Wayne?
In addition to Fairington of Fort Wayne, we list 163 other affordable properties in Fort Wayne. Learn about these properties here. Our data research shows that there are a total of 5791 affordable units in Fort Wayne.
7600 Cold Springs Blvd, Fort Wayne, Indiana 46825
5910 Hessen Cassel Road, Fort Wayne, Indiana 46816
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