Monroe Group believes that everyone, regardless of income, age or ability, deserves a safe, clean and comfortable home. We offer Project Based Section 8 housing for individuals, families, seniors (over 62+ years) and persons with disabilities. Section 8 Housing program, is a federal assistance program from Housing and Urban Development (HUD) intended for very-low income families, the elderly and the disabled. The following are criteria to qualify for Project-Based Section 8 Housing:
Let us know if you have any questions about qualifying for Project Based Section 8 housing. We look forward to welcoming you and your family to our community!
Low-Income Housing Tax Credit (LIHTC) offers you affordable rents that are lower than similar market rate units in your community. Since it was created in 1986, LIHTC has financed close to 3 million affordable apartments, providing homes to approximately 6.5 million low-income households. It is responsible for almost all affordable housing production in the United States. We accept vouchers from your local housing authority. Student restrictions apply.
ELIGIBILITY: You will need to complete an application. The following factors determine your eligibility:
INCOME LIMITS: Your income level is based on you (and your family’s) projected gross income (including assets) for the next 12 months. HUD determines the qualified income levels based on the median income level for your city or county(AMGI) and the number of people in your household.
When you are applying for a LIHTC apartment, we, as the landlord, will need verification of your income and assets. We will ask you to complete a Tenant Income Certification form.
RENT: Income restrictions apply. The rent you pay is based on matching your income with the area median gross income (AMGI). The tax credit may also include a utility allowance.
Let us know if you have any questions about qualifying for LIHTC housing. We look forward to welcoming you and your family to our community!