230 Desiard Plaza Dr, Monroe, LA 71203
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a Section 202 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Passman Plaza is a beautifully appointed community with a focus on nature. Pristine landscaping, lush grassy areas, water fountains, a cozy patio area, a gazebo, walking trails and Lake Passman enhance its natural beauty.
The community is located in the Lakeshore area just off Hwy. 80, near the VA Clinic and DeSiard Plaza Shopping Center. There are 140 affordable cottage-style apartment homes available for seniors.
Each residence is loaded with standard features including energy-efficient kitchen appliances, pantry, walk-in closets, window privacy blinds, enhanced fire alarm system, emergency pull cords in bedroom and bath, and washer and dryer appliances are available in select units. Utilities are the responsibility of the resident. Basic cable is provided.
Community amenities include professional lawn care, pest control service, and community center with fitness room, library, media room, beauty salon and dining hall. Spend relaxing days fishing in well-stocked Lake Passman.
*Convenience services include congregate lunches and light housekeeping.
*Additional fees may apply for some services.
A monthly social calendar is provided that includes scheduled activities and events.
Pets are allowed with deposit (some restrictions apply).
As a modern Section 202 property built after 1990, Passman Plaza only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $14,580 / year | $19,720 / year | $24,860 / year | $30,000 / year | $33,450 / year | $35,950 / year | $38,400 / year | $40,900 / year |
| 50% AMI for LIHTC Units | $21,700 / year | $24,800 / year | $27,900 / year | $30,950 / year | $33,450 / year | $35,950 / year | $38,400 / year | $40,900 / year |
| 50% AMI for PBRA Units | $21,700 / year | $24,800 / year | $27,900 / year | $30,950 / year | $33,450 / year | $35,950 / year | $38,400 / year | $40,900 / year |
| 60% AMI for LIHTC Units | $26,040 / year | $29,760 / year | $33,480 / year | $37,140 / year | $40,140 / year | $43,140 / year | $46,080 / year | $49,080 / year |
| 80% AMI for PBRA Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year | $53,500 / year | $57,450 / year | $61,400 / year | $65,350 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Passman Plaza have a waiting list?
Passman Plaza probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Passman Plaza?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Passman Plaza, how many other affordable housing properties (and units) are there in Monroe?
In addition to Passman Plaza, we list 90 other affordable properties in Monroe. Learn about these properties here. Our data research shows that there are a total of 3465 affordable units in Monroe.
When was the Passman Plaza listing last updated?
Passman Plaza listing on Affordable Housing Online was last updated on 01/03/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.
2501 Wildflower Street, Monroe, Louisiana 71201
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