Do you qualify for project-based section 8 housing?

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:

  • Must be over the age of 18.
  • Family Status:
    • With or without children
    • At least one individual who is over the age of 62
    • At least one or more individuals has a disability
    • Displaced from their home (government action or natural disaster)
    • Single person
    • Tenant who remains in unit after all other members of family have left the unit, if the family was already receiving Section 8 assistance
  • You or at least one member of your family household must be a US Citizen.
  • Income: Section 8 Housing is a program designed to help lower-income individuals afford housing. Income limits will differ based on the number of people in the family. There is a minimum income requirement so you must have stable and regular employment, except if you are disabled. To qualify for Project Based Section 8 housing, you or your family’s yearly gross income must be below a certain level. HUD sets these income levels annually:
    • Extremely Low Income: 30% of the area’s median income level.
    • Very Low Income: 50% of the area’s median income level.
    • Low Income: 80% of the area’s median income level.
    • Background: You may not qualify if you have been evicted from a property within the last three years for criminal activity as well as poor tenant history, misdemeanors or felonies for violence or illegal substances (marijuana is illegal in federal housing even in states where it is legalized), or have bad credit due to unpaid bills. Each application is reviewed individually by our community managers and compliance staff.

TO APPLY

  • Complete our application on-line or in person.
  • Interview with our property’s community manager
  • Provide the necessary identification and documentation: Government or state-issued photo ID

 

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!

Do you qualify for low-income tax credit housing?

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:

  • Number of members in your household
  • Income
  • Student status

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!