Fair Park Terrace

3401 Mertis Ave, Shreveport, Louisiana 71109

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Fair Park Terrace is managed by Fairfield Management .

Eligibility for Fair Park Terrace

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Shreveport but actual income limits may differ for units at Fair Park Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,600 $19,720 $24,860 $30,000 $35,140 $40,200 $43,000 $45,750
50% $24,300 $27,750 $31,200 $34,650 $37,450 $40,200 $43,000 $45,750
80% $38,850 $44,400 $49,950 $55,450 $59,900 $64,350 $68,800 $73,200

Fair Park Terrace Details

  • 70 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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