Mccarty on Monroe

1130 E Monroe St, Phoenix, Arizona 85034

McCarty on Monroe is a senior community for those 62 years of age or older. This beautiful property in the heart of downtown Phoenix offers over 5,000 sqft. of community space and spacious one and two bedroom floor plans. McCarty on Monroe boasts amenities such as elevators, secured access, an inner courtyard, and balconies with plenty of storage space. Stop by today and meet our professional management staff and tour your new home! Come check out our new look!

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath PH 1/1 (1/1) 692 Call for Price
One Bedroom One Bath TC 1/1 Med (1/1) 830 Call for Price
One Bedroom One Bath TC 1/1 LG (1/1) 902 Call for Price
Two Bedroom Two Bath TC 2/2 (2/2) 1192 Call for Price

Mccarty on Monroe Details

  • 69 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Public Housing

Property Amenities

  • Controlled Access
  • Elevator
  • Many Activities
  • Community Room
  • Landscaping
  • Garage and Surface Parking
  • Courtyard

Unit Amenities

  • Ceiling Fan(s)
  • Washer/Dryer Hookup
  • Balconies or Patios Available
  • Oversized Windows

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm

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.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Phoenix HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Phoenix but actual income limits may differ for units at Mccarty on Monroe.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,600 $19,000 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $27,650 $31,600 $35,550 $39,500 $42,700 $45,850 $49,000 $52,150
80% $44,250 $50,600 $56,900 $63,200 $68,300 $73,350 $78,400 $83,450

Phoenix Low-Income Housing Tax Credit Income Limits

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 Phoenix but actual income limits may differ for units at Mccarty on Monroe.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,650 $31,600 $35,550 $39,500 $42,700 $45,850 $49,000 $52,150
Low Income (60%) $33,180 $37,920 $42,660 $47,400 $51,240 $55,020 $58,800 $62,580

Mccarty on Monroe is managed by Dunlap & Magee Property Management.

Image of Mccarty on Monroe
Image of Mccarty on Monroe
Image of Mccarty on Monroe
Image of Mccarty on Monroe

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