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Modern Living with Maximum Income Limits
Monarch Pass offers quality apartment homes with reduced rents through an affordable housing program. Eligibility is based on total household income and household size. Review the income limits below to see if you may qualify.
Are you a Qualified Applicant?
Our leasing team is happy to guide you through the process. Eligibility is based on total household income before taxes and all adults in the household must be included in the application.
| Maximum Income Limits by Number of Occupants | ||||||||||
| Household Size -> | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 80% AMI | $59,760 | $68,320 | $76,800 | $85,360 | $92,160 | $99,040 | $105,840 | $112,640 | $119,520 | $133,200 |
| 140% AMI | $104,580 | $119,560 | $134,400 | $149,380 | $161,280 | $173,320 | $185,220 | $197,120 | $209,160 | $233,100 |
Income Guidelines
How Affordable Housing Works
- Apartment rents are reduced through an affordable housing program
- Eligibility is based on total household income and household size
- Income limits are set annually and may change
- All adult household members must be included in the income review
- Income must be verified and approved prior to move-in
What Is Considered Household Income?
Household income may include, but is not limited to:
- Employment wages or salary
- Overtime, bonuses, or commissions
- Social Security or disability income
- Retirement or pension income
- Child support or alimony
- Self-employment income
What You’ll Need to Apply
To complete the income qualification process, applicants should be prepared to provide:
- Government-issued photo ID for all adult applicants
- Recent pay stubs or proof of income
- Additional documentation if applicable (self-employment, benefits, etc.)
Next Steps
If you believe your household may qualify, our leasing team is here to help.
Frequently Asked Questions
What if my income changes?
Income eligibility is determined at the time of application. Our team can help review any changes.
Does everyone qualify for affordable housing?
Affordable housing is income-based, and not all households will qualify. Reviewing the income limits above is the best first step.
How long does the approval process take?
Approval timelines may vary based on documentation provided. Our team will keep you informed throughout the process.