200 Gaston Avenue, Fairmont, WV 26554
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
Welcome to Gaston Avenue, the perfect blend of serene scenes and the convenience of downtown living. This highly walkable neighborhood grants you easy access to a myriad of adventures in downtown historic Fairmont. Grab a coffee at Joe N Throw, shopping at Aspire Uniqueness boutique, swimming laps at the twelfth street pool or getting involved with your community by joining the Marion County Historic society. There is also the additional splendor of living right off the Monongahela River. This community also offers 1- and 2-bedroom units.
Because Gaston Avenue Apartments 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,000 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $26,700 / year | $30,500 / year | $34,300 / year | $38,100 / year |
| 50% AMI for PBRA Units | $26,700 / year | $30,500 / year | $34,300 / year | $38,100 / year |
| 60% AMI for LIHTC Units | $32,040 / year | $36,600 / year | $41,160 / year | $45,720 / year |
| 80% AMI for PBRA Units | $42,700 / year | $48,800 / year | $54,900 / year | $60,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Gaston Avenue Apartments have a waiting list?
Gaston Avenue Apartments 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 Gaston Avenue Apartments?
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 Gaston Avenue Apartments?
Gaston Avenue Apartments is managed by TM Associates Management, Inc headquartered in Rockville, Maryland.
In addition to Gaston Avenue Apartments, how many other affordable housing properties (and units) are there in Fairmont?
In addition to Gaston Avenue Apartments, we list 9 other affordable properties in Fairmont. Learn about these properties here. Our data research shows that there are a total of 642 affordable units in Fairmont.
When was the Gaston Avenue Apartments listing last updated?
Gaston Avenue Apartments listing on Affordable Housing Online was last updated on 03/25/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Joana Warren says:
"Affordable Housing Online is a good place to see which Section 8 waiting lists are open."