Fairfield Property Management recognizes that creating and maintaining quality affordable housing communities is essential to each family’s ability to reach its full potential. Our managers are energetic and knowledgeable professionals who are dedicated to this mission. Each of our properties combines affordable leases with clean, spacious environments for modern living. Their locations near shopping, dining, and schools will make daily errands a breeze. And a wide variety of floor plans and amenities are sure to fit your needs and your budget.
Fairfield Property Management is devoted to Section 202 Properties which help expand the supply of affordable housing with supportive services for the elderly. For low-income seniors, Fairfield provides options which allow them to live independently, but also provide supportive services such as cleaning, cooking, and transportation.
Fairfield Property Management oversees housing for low-income families residing in rural areas. The Rural Development Multi-Family Housing Program through the US Department of Agriculture offers Rural Rental Housing Loans to provide affordable multi-family rental housing for very low to moderate-income families, the elderly, and persons with disabilities. In addition, deep subsidy rental assistance is available to eligible families.
Fairfield Property Management is a leader in the field of managing properties participating in the HUD Section 8 Program. Section 8 is a Federal Housing Program which provides rental assistance for low-income renters. The assistance comes in the form of rental subsidies, which limits the monthly rent payment of the renter.
Fairfield Property Management has many years of experience managing Low Income Housing Tax Credit Properties. The Low Income Housing Tax Credit program was created as an incentive for the utilization of private equity in the development of affordable housing aimed at low-income Americans. The credits are also commonly called Section 42 credits in reference to the applicable section of the Internal Revenue Code. The tax credits provide a dollar-for-dollar reduction in a taxpayer’s federal income tax.