Fairway Village Apartments

513 Cold Town Ln, Dallas, Texas 75211

Fairway Village offers affordable 1-bedroom, 2-bedroom, and 3-bedroom apartment homes. Each unit features fully-equipped kitchens, central heat/air, and energy efficient designs and fixtures. Property amenities include a community center with kitchen, computer lab, craft room, children's activity room, library, on-site laundry facilities, two playgrounds, and picnic areas. Located in South Dallas, the community is a short distance to I-30 and Downtown Dallas.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Income Based
Two Bedroom (2/1.5) - Income Based
Three Bedroom (3/2) - Income Based

Eligibility for Fairway Village Apartments

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 Dallas but actual income limits may differ for units at Fairway Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $21,700 $24,800 $27,900 $30,950 $35,140 $40,280
50% $36,100 $41,250 $46,400 $51,550 $55,700 $59,800

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 Dallas but actual income limits may differ for units at Fairway Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $36,100 $41,250 $46,400 $51,550 $55,700 $59,800
Low Income (60%) $43,320 $49,500 $55,680 $61,860 $66,840 $71,760

Fairway Village Apartments Details

  • 250 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Playground
  • Computer Lab
  • Library
  • Gazebo
  • On-Site Parking
  • Energy Star Appliances
  • Laundry Facilities
  • Accessible Apartments
  • Picnic Area
  • Community Center
  • On-Site Laundry
  • Community Kitchen
  • Playroom

Unit Amenities

  • Garbage Disposal
  • Refrigerator
  • Oven and Range
  • Central Heat & Air
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.

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.

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