Forgivable loan
West Monroe Homebuyer Assistance Program
First-time homebuyers · Income limits · Single Family
Down payment assistance · Ouachita Parish
Buying a home in West Monroe, LA
1 West Monroe program and 8 statewide.West Monroe has 1 program of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for West Monroe addresses
West Monroe’s own program
Neighboring cities
1 program for homes in nearby cities
1 more program is for homes in Monroe. See them 1 program in neighboring cities — for homes inside those cities, not West Monroe
- Monroe — Home in Monroe - Down Payment Assistance
The West Monroe marketThe West Monroe housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in West Monroe
- 63.4% single-familysingle-family
- 2.5% townhousetownhouse
- 12.2% 2–4 units2–4 units
- 16.7% 5+ unitscondo & apartment buildings (5+ units)
- 5.3% mobile & othermobile home & other
About condos. West Monroe’s one local program does not list condos as eligible. West Monroe Homebuyer Assistance Program lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When West Monroe’s homes were built
pre-19401970s2020+
59.4%
of West Monroe homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$78,700
County area median income, 4 people (HUD)HUD area median income, Ouachita Parish, 4-person household (2026)
$49,386
West Monroe median household incomeMedian household income in West Monroe (Census, 2024)
12 of the 71 programs here set their income limit as a share of Ouachita Parish’s area median income, adjusted for household size. See the published limits for Ouachita Parish
Free help nearbyFree help near West Monroe
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Louisiana and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
- FHLB Dallas Homebuyer Equity Leverage Partnership (HELP) - LouisianaUp to $20,000 · Assistance grant
- Louisiana Housing Corporation Mortgage Credit Certificate (MCC) ProgramUp to $2,000 · Mortgage credit certificate
- HOPE Credit Union Affordable Housing ProgramAssistance available · Down-payment assistance
West Monroe questions
Does West Monroe have its own down payment program?
Yes, one: West Monroe Homebuyer Assistance Program, a forgivable loan for first-time homebuyers (forgiven over 5 yrs, income limits). It is for homes inside West Monroe.
Can I use assistance on a condo in West Monroe?
West Monroe’s one local program does not list condos as eligible. West Monroe Homebuyer Assistance Program lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Ouachita Parish?
Each program sets its own. 12 of the programs here set theirs as a share of HUD’s area median income for Ouachita Parish, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near West Monroe?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of West Monroe. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
71291 · 71292 · 71294
Nearby in Ouachita
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.