1774 East Main St, Columbus, OH 43205
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $395 - 918 per Month† | 1 - 2 Beds | 1 Bath | 776 - 987 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Fairwood Commons is a senior community located in Columbus, Ohio that serves residents 55 and older. This community is tobacco-free and offers the opportunity to stay active and social with a laundry facility, fitness center, and more. Each 1 and 2-bedroom apartments include energy efficient electric appliances, washer/dryer hookups, and garbage disposals. They are conveniently located 1 minute from Berkeley & Main Market, Chicago Fish & Chicken, and Caribbean Corner, 3 minutes from Bexley Square, East High School, Academy and Wolfe Parks, and Franklin Park Conservatory and Botanical Gardens, and 10 minutes from Target and Walmart.
Because Fairwood Commons participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | 776ft2 | $395 $764† |
| Two Bedroom One Bath (2/1) | 987ft2 | $473 $918† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,850 / year | $23,800 / year | $26,800 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year |
| 50% AMI for PBRA Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year |
| 60% AMI for LIHTC Units | $41,700 / year | $47,640 / year | $53,580 / year | $59,520 / year |
| 80% AMI for PBRA Units | $55,550 / year | $63,500 / year | $71,450 / year | $79,350 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Fairwood Commons have a waiting list?
Fairwood Commons probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Fairwood Commons?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Fairwood Commons?
Fairwood Commons is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.
In addition to Fairwood Commons, how many other affordable housing properties (and units) are there in Columbus?
In addition to Fairwood Commons, we list 314 other affordable properties in Columbus. Learn about these properties here. Our data research shows that there are a total of 22410 affordable units in Columbus.
When was the Fairwood Commons listing last updated?
Fairwood Commons listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Kieyanah M Banks says:
"Affordable Housing Online helps people to know what to apply for when looking for help on rent."