Devonshire I & II

198 Elm St, London, Ohio 43140

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Devonshire I & II is managed by Fairfield Homes.

Devonshire Apartments is a housing community designed for residents 62 years of age and older or handicap/disabled regardless of age. Choose from our one and two bedroom apartments located within walking distance of the Madison County Fairgrounds and near shopping, medical offices, and restaurants. Devonshire Apartments has a large community room where residents can enjoy gathering together with other residents or guests.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Eligibility for Devonshire I & II

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in London but actual income limits may differ for units at Devonshire I & II.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $34,750 $39,700 $44,650 $49,600
Low Income (60%) $41,700 $47,640 $53,580 $59,520

Devonshire I & II Details

  • 28 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Patio Deck Or Balcony
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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