Welcome to Fairgrounds Senior Village, located in the city of Laurens, South Carolina. Fairgrounds Senior Village is a Senior Community with an abundance of apartment and community amenities. We are located near grocery stores, pharmacies, banks, restaurants and doctor’s offices. The surrounding community provides modern conveniences designed to complement your lifestyle. To learn more about our apartment community and all that it has to offer, call 864.682.4075 today.
|1 Bedroom (1/1)||856||From $530|
|2 Bedroom (2/2)||1100||From $590|
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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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 Laurens but actual income limits may differ for units at Fairgrounds Senior Village.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$21,000||$24,000||$27,000||$29,950||$32,350||$34,750||$37,150||$39,550|
|Low Income (60%)||$25,200||$28,800||$32,400||$35,940||$38,820||$41,700||$44,580||$47,460|
Fairgrounds Senior Village is managed by Fairway Management, Inc..