Fair Oaks

Fair Oaks Lane is an existing 44-unit family community built in 1995, now undergoing renovation to preserve and improve affordable housing. The property operates under the LIHTC and USDA Rural Development 515 programs, serving households earning up to 60% of the Area Median Income. Twenty-eight apartments include Rental Assistance, allowing tenants to pay no more than 30% of their income toward housing costs. After rehabilitation, all 44 units will remain affordable to households earning up to 40% of the Area Median Income, ensuring continued stability and accessibility for families.