Alice Place Senior Living is managed by Pioneer Property Management, INC.
This 47-unit affordable housing community is expected to open its doors in Fall 2022. Monroe’s newest apartments will offer 1- & 2-bedroom floor plans to adults 55 & older. Each unit will have an open concept layout with in-unit laundry, fully equipped kitchens, a private balcony/patio and so much more! Their goal is to provide and create a community where residents feel at home and countless amenities including an on-site fitness center, Game/Craft Room, Community Room, and much more. Conveniently located behind Walmart and within minutes of Monroe Clinic Hospital, Local Restaurants, Shops & many more conveniences, Alice Place Monroe will be a great place to call home!
INCOME RESTRICTIONS
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 660 | Call for Price |
2 Bedroom (2/1) | 930 | Call for Price |
Day | Hours |
---|---|
Monday | By Appointment |
Tuesday | By Appointment |
Wednesday | By Appointment |
Thursday | By Appointment |
Friday | By Appointment |
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.