Latest News:
HUD News in Review - May 25, 2022
President Biden proposes action plan to increase affordable housing supply - May 24, 2022
Open Section 8 Waiting List Report - May 23, 2022
Affordable Living of Monroe is a residential community offering what every family wants: privacy and pleasant surroundings. Call for an appointment to check out our apartments and townhouses. We provide spacious family living with modern conveniences at the lowest possible rent.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | Call for Price |
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.
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 Monroe but actual income limits may differ for units at Samaritas Affordable Living of Monroe.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $18,050 | $20,600 | $23,200 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
50% | $30,050 | $34,350 | $38,650 | $42,900 | $46,350 | $49,800 | $53,200 | $56,650 |
80% | $48,100 | $54,950 | $61,800 | $68,650 | $74,150 | $79,650 | $85,150 | $90,650 |
Samaritas Affordable Living of Monroe is managed by Samaritas.