Income Limits

FY 2022 Income Limit Area - Monroe, LA HUD Metro FMR Area
Median Family Income

Very Low (50%) Income Limits

1 Person in Family - $20,500
2 Persons in Family - $23,400
3 Persons in Family - $26,350
4 Persons in Family - $29,250
5 Persons in Family - $31,600
6 Persons in Family - $33,950
7 Persons in Family - $36,300
8 Persons in Family - $38,650

Extremely Low-Income Limits*

1 Person in Family - $13,590
2 Persons in Family - $18,310
3 Persons in Family - $23,030
4 Persons in Family - $27,750 
5 Persons in Family - $31,600*
6 Persons in Family - $33,950*
7 Persons in Family - $36,300*
8 Persons in Family - $38,650*

Low (80%) Income Limits

1 Person in Family - $32,800
2 Persons in Family - $37,450
3 Persons in Family - $42,150
4 Persons in Family - $46,800
5 Persons in Family - $50,550
6 Persons in Family - $54,300
7 Persons in Family - $58,050
8 Persons in Family - $61,800

* The FY 2014 Consolidated Appropriations Act changed the definition of extremely low-income to be the greater of 30/50ths (60 percent) of the Section 8 very low-income limit or the poverty guideline as established by the Department of Health and Human Services (HHS), provided that this amount is not greater than the Section 8 50% very low-income limit. Consequently, the extremely low-income limits may equal the very low (50%) income limits.

Income Limit areas are based on FY 2022 Fair Market Rent (FMR) areas.

Fair Market Rent

Final FY 2021 Union Parish FMRs by Unit Bedrooms

Efficiency - $606

One Bedroom - $610

Two Bedroom - $804

Three Bedroom - $1,012

Four Bedroom - $1,111

Fair Market Rents (FMRs) determine the eligibility of rental housing units for the Section 8 Housing Assistance Payments program. Section 8 Voucher program participants cannot rent units whose rents exceed the FMRs. FMRs also serve as the payment standard used to calculate subsidies under the Rental Voucher Program. FMRs are gross rent estimates. They include the shelter rent plus the cost of all utilities, except telephones.