Passman Plaza is managed by Monroe Housing Authority.
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).
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 Passman Plaza.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $14,580 | $19,720 | $24,860 | $30,000 | $33,450 | $35,950 | $38,400 | $40,900 |
50% | $21,700 | $24,800 | $27,900 | $30,950 | $33,450 | $35,950 | $38,400 | $40,900 |
80% | $34,650 | $39,600 | $44,550 | $49,500 | $53,500 | $57,450 | $61,400 | $65,350 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Monroe but actual income limits may differ for units at Passman Plaza.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $21,700 | $24,800 | $27,900 | $30,950 | $33,450 | $35,950 | $38,400 | $40,900 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.