Landmark Village

264 Landmark Ct, Fairborn, Ohio 45324

Landmark Village, located at 264 Landmark Ct in Fairborn, has one, two, three and four bedroom apartments. Landmark Village participates in the Section 8 Project-Based Rental Assistance, Low-Income Housing Tax Credit (LIHTC) and Section 236 programs.

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Landmark Village is accepting applications and does not have a waiting list.

Last updated on May 18th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 544 $578
Two Bedroom (2/1) 654 $622
Three Bedroom (3/2) 844 $663
Four Bedroom (4/2) 1014 $690

Landmark Village Details

  • 165 one, two, three and four bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • On-Site Management
  • On-site Laundry

Unit Amenities

  • Central Air
  • Private Entrance
  • Spacious floor plans
  • Fully Equipped Kitchen

Office Hours

Day Hours
Monday 8:00am-5:00am
Tuesday 8:00am-5:00am
Wednesday 8:00am-5:00am
Thursday 8:00am-5:00am
Friday 8:00am-5:00am

About Landmark Village

Landmark Village is conveniently located in beautiful Fairborn Ohio. Only minutes from I-675, SR 4, SR 35, Wright State University and WPAFB. Abundant shopping and entertainment is within a few short miles. Our spacious floorplans provide central air and kitchen appliances. Playgrounds, Laundry Center and private parking are a few of the amenities you will enjoy when you make Landmark Village your new home.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

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 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

Fairborn HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Fairborn but actual income limits may differ for units at Landmark Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,850 $17,000 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $24,750 $28,250 $31,800 $35,300 $38,150 $40,950 $43,800 $46,600
80% $39,550 $45,200 $50,850 $56,500 $61,050 $65,550 $70,100 $74,600

Fairborn Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Fairborn but actual income limits may differ for units at Landmark Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,750 $28,250 $31,800 $35,300 $38,150 $40,950 $43,800 $46,600
Low Income (60%) $29,700 $33,900 $38,160 $42,360 $45,780 $49,140 $52,560 $55,920

These general income qualifications for Fairborn, Ohio should only be used as a basic guide. To find out if you qualify, contact the community directly.

Landmark Village was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Landmark Village has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Landmark Village is managed by Oberer Management Services.

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Image of Landmark Village