Fairfield Park II Apartments

606 W. Monroe Ave., Fairfield, Iowa 52556

Fairfield Park II Apartments is an affordable community offering one and two bedroom units. Please contact their management office for more information.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Fairfield Park II Apartments Details

  • 24 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • On-Site Manager
  • On-Site Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Walk-in Closet(s)
  • Fully Equipped Kitchen
  • Heating
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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