4249 5th Ave , Lake Charles, LA 70607
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 576 - 960 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
Fairview Crossing is located near shopping, dining and entertainment. Lake Charles has many great things to offer and one is Fairview Crossing! Fairview Crossing (AFFORDABLE HOUSING) is located in Lake Charles, Louisiana in the 70607 zip code.
This apartment community was built in 1981 and has 2 stories with 276 units. Fairview Crossing has many perks such as a breakfast bar, business center, laundry facilities, picnic area, swimming pool, playground, and so much more! Our beautiful apartments include high speed internet, A/C, heating, and more! Stop by today for your personal tour!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your 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. LIHTC properties tend to have shorter waiting lists however, since Fairview Crossing has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 576ft2 | Call for Price† |
| Two Bedroom (2/1) | 786ft2 | Call for Price† |
| Three Bedroom (3/2) | 960ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,100 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $26,800 / year | $30,600 / year | $34,450 / year | $38,250 / year | $41,350 / year | $44,400 / year |
| 50% AMI for PBRA Units | $26,800 / year | $30,600 / year | $34,450 / year | $38,250 / year | $41,350 / year | $44,400 / year |
| 60% AMI for LIHTC Units | $32,160 / year | $36,720 / year | $41,340 / year | $45,900 / year | $49,620 / year | $53,280 / year |
| 80% AMI for PBRA Units | $42,850 / year | $49,000 / year | $55,100 / year | $61,200 / year | $66,100 / year | $71,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Fairview Crossing have a waiting list?
Fairview Crossing 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 Fairview Crossing?
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 Fairview Crossing?
Fairview Crossing is managed by The Commonwealth Companies headquartered in Fond du Lac, WI.
In addition to Fairview Crossing, how many other affordable housing properties (and units) are there in Lake Charles?
In addition to Fairview Crossing, we list 107 other affordable properties in Lake Charles. Learn about these properties here. Our data research shows that there are a total of 2570 affordable units in Lake Charles.
5140 Weaver Road, Lake Charles, Louisiana 70605
1900 Prejean Drive, Lake Charles, Louisiana 70607
Louie And Cypress Sts, Lake Charles, Louisiana 70601
Griffen St At Hwy 171, Lake Charles, Louisiana 70601
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