Fairfield Homes Announces Development of the Cornerstone at Eclipse Run
NEWS RELEASE
FOR IMMEDIATE RELEASEDecember 17, 2025
Fairfield Homes Announces Development of the Cornerstone at Eclipse Run
58 units of new affordable housing coming to Athens County
Lancaster, OH - Fairfield Homes, Inc., a full-service property management, development and construction company, is proud to announce that Cornerstone at Eclipse Run, a new 58-unit affordable family housing community in The Plains, Athens, Ohio, successfully closed on November 5, 2025. The development was awarded both Ohio Low-Income Housing Tax Credits (OLIHTC) and Ohio Housing Trust Funds. These valuable competitive state resources, when leveraged with Federal LIHTCs and Tax-Exempt Bonds, enable deeper and more impactful investment in quality affordable housing.Designed to blend seamlessly into the surrounding neighborhood, The Cornerstone at Eclipse Run will offer a mix of one-, two-, and three-bedroom floorplans that prioritize both cost-effectiveness and visual appeal. The community will feature a range of amenities intended to enhance daily living, including a covered patio area and fitness room.
“The Cornerstone at Eclipse Run reflects our ongoing commitment to expanding high-quality, affordable housing options in areas where the need is greatest,” said Jennifer Gorsuch Walters, President of Fairfield Homes, Inc. “We are excited to bring this community to life and to support local families with housing that is both accessible and thoughtfully designed.”
Ideally located adjacent to Athens High School and Joe Burrow Stadium, the development sits beside The Plains Preserve and connects directly to the Hocking Adena Bikeway. These natural and recreational connections will provide residents with convenient access to scenic outdoor spaces, including the Preserve’s protected Eclipse Run stream and the bikeway linking The Plains to Nelsonville and Athens.
The project, which has an anticipated completion date of Spring 2027, marks a significant step toward addressing the growing demand for affordable homes in Athens County and underscores Fairfield Homes’ long-standing dedication to building community through sustainable, resident-centered housing.
Fairfield Homes will serve as developer and property manager. Project partners include Ohio Capital Corporation for Housing as the LIHTC syndicator for both the state and federal credits, RiverHills Bank as the conventional construction-to-permanent loan lender, the Ohio Housing Finance Agency as the Bond Issuer, Gorsuch Construction as General Contractor, and Columbus Design Company as project architect.
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Fairfield Homes, Inc. is a full-service property management company present in over 113 communities with more than 4700 units throughout Ohio and in neighboring states across the Midwest. We specialize in the development, construction and management of affordable, quality housing for low and moderate-income households. Our portfolio includes affordable and conventional multi-family housing as well as senior housing. We specialize in HUD Section 8, Rural Development 515, Low-Income Housing Tax Credit (LIHTC) and combination properties. To learn more about Fairfield Homes, Inc., please visit fairfieldhomesohio.com.
