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Affordable Housing Option in San Diego, CA: Fairbanks Commons Introduction: Welcome to Fairbanks Commons, a low-income housing tax credit apartment complex located in San Diego, CA. If you are searching for an affordable housing option, these rental apartments are supported by the LIHTC and offer program rent and income restrictions. LIHTC Incentives: The LIHTC program provides incentives to builders and developers to ensure the provision of affordable housing for low-income individuals. The maximum rent charged is determined based on the Area Median Income (AMI). However, please note that the AMI may make this apartment unaffordable for some low-income individuals. To determine affordability, we recommend checking the current rental rates. Apartment Details: Fairbanks Commons offers a total of 202 one, two, and three bedroom apartments specifically designed for low-income individuals and families. Office Hours: Our office is open Monday through Friday from 8:30 am to 5:00 pm. Waiting Lists and Application: Like many apartments in high demand, Fairbanks Commons may have a waiting list. To apply and assess your eligibility, we encourage you to contact us directly at the provided phone number. TIP: LIHTC (Low-Income Tax Credit) Units for Rent: For those interested, it is essential to understand the concept of Low-Income Tax Credit rental units. Income Verification: During the application process, please note that the income of all adults expected to reside at this apartment must be included and verified. For more details, please don't hesitate to call us. Apartment Availability: At Fairbanks Commons, we offer one, two, and three bedroom apartments. Please inquire about the availability of each type. Feel free to structure the text with appropriate headings as needed.
15870 Camino San Bernardo, San Diego, CA 92127
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