Fairview Heights Apartments

719 Fair St, Mineral Point, Wisconsin 53565

Contact Fairview Heights Apartments

Fairview Heights is an elderly community located in Mineral Point, Wisconsin that serves residents 62 and older. Their community is tobacco-free, offers barrier-free units, and offers the opportunity to stay active and social with a laundry facility, community room, on-site office, and more. Each of their 1-bedroom apartments include electric appliances. They are conveniently located 4 minutes from Mineral Point Railroad Museum, Soldier’s Memorial Park, Cruise Inn Bar & Grill, Red Rooster’s Café and Gray Dog Deli, 15 minutes from Piggly Wiggly, The Springate Mall, and Walmart.

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

Eligibility for Fairview Heights Apartments

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 Mineral Point but actual income limits may differ for units at Fairview Heights Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$33,550	$38,350	$43,150	$47,900	$51,750	$55,600	$59,400	$63,250
Low Income (60%)	$40,260	$46,020	$51,780	$57,480	$62,100	$66,720	$71,280	$75,900

Fairview Heights Apartments Details

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

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 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.

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.