![]() 35.06% of households in Monroe are renters. There are 4,777 households in the city with an average household size of 3.05 persons. Monroe is a city in Snohomish County, Washington with a population of 17,734. ± 9.41pp Total Population 17,734 Population and Household Demographics ±$65 Percentage Of Renters Overburdened 45.79% Total Affordable Apartment Properties 10 Total Low Income Apartments 481 Total Housing Units with Rental Assistance 124 Percentage of Housing Units Occupied By Renters 35.06% Average Renter Household Size 3.00 Average Household Size 3.05 Median Household Income $67,844 Sourced from federal housing data and research. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program. 2023 Monroe, Washington Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Monroe, Washington for a two-bedroom apartment is between $2,210 and $2,701. The average voucher holder contributes $400 towards rent in Monroe. On average, Section 8 Housing Choice vouchers pay Monroe landlords $1,100 per month towards rent. Housing Choice Vouchers in Monroe, Washington There are 293 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monroe. Low Rent Apartments in Monroe, Washington Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Monroe features 124 income based apartments. The tax will be credited against state sales taxes collected with the City of Monroe and will represent an additional source of funding to address housing needs in the city.Monroe, Washington Affordable Housing Data Income Based Apartments in Monroe, Washington This ordinance does not impose a new tax. The tax must be used to assist persons whose income is at or below 60% of the city’s median income. In the 2019 Regular Session, the Washington State Legislature approved, and the Governor signed Substitute House Bill 1406 which authorizes the governing body of a city of county to impose a local sales and use tax for the acquisition, construction or rehabilitation of affordable housing or supportive housing, and, if eligible for providing rental assistance to tenants. The Housing Element of the City of Monroe’s Comprehensive Plan includes policies that support affordable housing and a diverse range of housing options. For more information please click here: Housing Action Plan Public involvement will be key in this process. Monroe is one of 52 communities who were awarded a grant in 2019.Ĭommunity Development staff will be working on the housing action plan starting in 2020, to be completed by June 30, 2021. Of the list of eligible activities, as defined in the bill, the City chose to adopt a housing action plan with a total funding request of $50,000. In October 2019, the City of Monroe applied for a Department of Commerce grant funded through E2SHB 1923, which provided $5 million to increase residential building capacity in Washington communities to address affordable housing. River’s Edge Affordable Housing Project DOC Grant Addressing the affordable housing crisis is a top priority for the city and the goal is to create an inclusionary community through quality development and collaboration. The city is looking for ways to stimulate development of new housing, preserve existing affordable housing, and improve the overall quality of life in the city. Approximately two-thirds of the city’s residential units are comprised of single-family homes thus creating the need for alternative forms of residential development. The city currently has 415 affordable housing units available for approximately 2,075 needy households accommodating only one-fifth of Monroe’s cost-burdened population. According to Monroe’s 2015 Comprehensive Plan, nearly half of the city’s households are cost-burdened.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |