7 Essential Facts About Fairhaven Place Gastonia NC: Your Guide To The New 200-Unit Affordable Community
Contents
Fairhaven Place at a Glance: Key Facts and Community Profile
Fairhaven Place is a purpose-built, multi-family apartment complex designed to provide high-quality, stable, and affordable rental housing in Gaston County. It is a critical piece of the local real estate landscape, specifically targeting residents who meet certain income-restricted property guidelines.- Type of Property: Multi-Family Affordable Housing Community (Rental Apartments)
- Total Units: 200 Units
- Location (Physical Address): 350 East Hudson Blvd, Gastonia, NC 28054
- Location (Mailing Address): 2005 Hine Way, Gastonia, NC 28054
- Neighborhood: South Gastonia, approximately two miles south of historic downtown Gastonia.
- Developer/Partner: Commonwealth Development Corporation, in partnership with Hunt Capital Partners and others.
- Management Company: Cahec Management, Inc.
- Approval Year: Approved by Gastonia City Council in 2021.
- Current Status (Late 2025): Operational and highly occupied (reported 70% occupied).
- Key Feature: Income-restricted property with specific eligibility requirements.
The Vision Behind Fairhaven Place: Affordable Living in Gastonia
The development of Fairhaven Place was a direct response to the growing need for quality, non-subsidized affordable housing options in the Gastonia area, which is situated just minutes west of the booming Charlotte metro region. The project received significant support from the Gastonia City Council, which recognized the importance of expanding the city's housing inventory to accommodate low-to-moderate-income families and individuals. The total investment in the project was substantial, estimated at around $50 million, underscoring the commitment to a high-quality finished product.A Focus on Community and Convenience
Fairhaven Place was not simply built as a collection of units; it was designed with a strong emphasis on fostering a genuine sense of community. The entire complex is anchored by a park-like setting, offering residents a peaceful and attractive environment. The location itself is strategic, placing residents within easy reach of essential services and the vibrancy of the city. Being only two miles from historic downtown Gastonia means access to jobs, dining, and cultural activities is highly convenient, a crucial factor for a successful affordable housing community.Location, Amenities, and Community Life at Fairhaven
The physical and community features of Fairhaven Place are designed to offer a modern, comfortable lifestyle that rivals market-rate properties, despite being an income-restricted development.Apartment Features and Floor Plans
The 200-unit complex offers a mix of apartment sizes, including one, two, and three-bedroom floor plans to accommodate various household sizes. While specific rent figures are subject to change and income verification, the properties are maintained as brand-new construction, ensuring residents benefit from modern fixtures and energy-efficient designs.On-Site Amenities for Residents
The complex is furnished with several key amenities aimed at enhancing the quality of life and providing convenience for all residents. These community amenities are integral to the development's park-like and vibrant atmosphere. Key amenities often found in such modern developments, and confirmed by the property's management information, include:- On-Site Management and Maintenance Staff
- Community Room or Clubhouse
- Additional Storage Options
- Bicycle Storage
- Outdoor Community Spaces (e.g., playground, picnic areas)
How to Apply: Eligibility and Income Restrictions
The most important aspect for prospective tenants is understanding that Fairhaven Place is an income-restricted property. This means there are strict eligibility requirements based on household income.Understanding Income Restrictions
Fairhaven Place operates under affordable housing programs, which mandate that a resident's household income must not exceed a certain percentage of the Area Median Income (AMI) for Gaston County. These figures are updated annually by the Department of Housing and Urban Development (HUD) and are strictly enforced. * Requirement: Prospective tenants must demonstrate that their annual income falls within the specified limits for their household size. * Process: Applications are handled directly through the property management company, Cahec Management, Inc. They are responsible for verifying all income, assets, and household composition to ensure compliance with the Fair Housing Act and other regulations.The Application Process
Given the high demand—evidenced by the community being 70% occupied shortly after opening—it is crucial for interested parties to act quickly and follow the application process precisely. 1. Contact Management: The first step is to contact the property management office directly via the phone number (704) 469-5333 or visit the physical address to inquire about current availability and obtain an application packet. 2. Gather Documentation: Applicants will need to provide extensive documentation, including pay stubs, bank statements, and tax returns, to prove their income eligibility. 3. Waitlist: Due to the high demand for affordable housing in Gastonia, there is often a waitlist. Applicants should inquire about the current waitlist status and estimated wait times. Fairhaven Place represents a successful collaboration between private development and city planning to deliver essential affordable rental properties. For families and individuals seeking modern, convenient, and income-restricted housing in Gastonia, this 200-unit community offers a fresh and highly desirable option.
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