Tax Credit Communities
We are really looking forward to welcoming you as one of our newest neighbors at Fairway Park, and you probably have a question or two about tax credit properties and the application process. We've got you covered!
What is a Tax Credit Community?
Tax credit communities provide "workforce housing", which simply means housing for residents whose income is within a certain percentage of the area's median income. If your income falls between the minimum and maximum income restrictions, you may qualify for an apartment at a tax credit community.
What are the income restrictions?
The income restrictions are based on the number of people in the household and the size of the apartment home.
May 2026
My income falls between the minimum and maximum range.
What do I need to bring with me to apply?
Identification
Government-issued ID, SS card, or valid DHS authorization ID, and for children: Birth certificate and SS card
Proof of Income
Paystubs
| Payroll Cycle | Weekly | Bi Weekly |
Semi Monthly |
Monthly |
|---|---|---|---|---|
| Number of Pay Stubs |
9 | 5 | 4 | 2 |
- Fixed Income: Include documentation for any monthly fixed income, which must be dated within 30 days of your application
- Checking Accounts: We require 1 month's statement for all personal checking accounts
- Additional Assets: Please provide the most recent statement for any other accounts or financial assets
Application Fee: A $50 non-refundable processing fee. Every applicant 18 years of age or older must submit a separate application and pay the corresponding fee.
Click Here for more information about other WC Smith Affordable Housing options.
