Fox Hill Run

Surprise, AZ
TypeHOA
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What Fox Hill Run's governing documents say

Fox Hill Run is a 98-unit affordable rental community in Surprise, AZ, governed by a Low-Income Housing Tax Credit (LIHTC) agreement between the owner and the Arizona Department of Commerce. This document binds the property owner—not the residents—to ensure all units are rented to income-qualified households and remain affordable through at least July 24, 2027.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.

Key facts from Fox Hill Run's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type
Ninety eight (98) unit residential rental housing project (Recitals, page 1)
Developer / declarant
Fox Hill Run, L.P., an Arizona limited partnership (c/o Picerne Development Corp. Of Florida, 247 North Westmonte Dr., Altamonte Springs, FL 32714) (Preamble)
Governing law
Section 42 of the Internal Revenue Code of 1986, as amended; Arizona Revised Statutes Section 35-728(B); Arizona Revised Statute Section 41-1501 et seq. (Recitals and Section 2(g), etc.)
Age restriction
No, but 20 units targeted for elderly persons (not age-restricted to 55+). (Exhibit B (f)(ii): 'Elderly persons (20 )
Assessments & dues
Monitoring fee: lesser of $25 per low-income unit or $5,000 per year (Section 2(i): 'an annual monitoring fee )
Collections & liens
Declaration terminates upon foreclosure (unless IRS determines arrangement); but three-year protections for tenants apply: no eviction without good cause, no rent increase beyond Section 42 limits (Section 4(a) and 4(b))
Leasing & rentals
Yes, the project is rental housing; but subject to low-income occupancy restrictions (Recitals and Section 7: 'each unit in th)
Use restrictions
Yes, unless insubstantial commercial leases; no use other than rental housing (Section 2(k): 'not permit the use of any)
Amendments
May be amended with prior written approval of Department to correct factual errors or reflect changes in law; Developer agrees to enter into amendments reasonably necessary to maintain compliance under Section 42 (Section 12)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.

About this HOA

Fox Hill Run is a homeowners association in Surprise, AZ.

HOAproxy has 1 document on file for Fox Hill Run: 1 recorded document. Last updated 2026-07-24.

Governing documents

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