About This Property
Scotland Townhomes comprises 75 townhome units in Potomac, Maryland, with 49 designated as low-income housing. The property opened in 2019 and is funded through 9% Low-Income Housing Tax Credits. The development serves families and individuals with disabilities.
Property Details
Fair Market Rent - Montgomery County, MD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,772 |
| 1 Bedroom | $1,803 |
| 2 Bedroom | $2,045 |
| 3 Bedroom | $2,544 |
| 4 Bedroom | $3,015 |
Income Limits - Montgomery County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $27,100
- Very Low (50%)
- $45,150
- Low (80%)
- $57,650
- Extremely Low (30%)
- $31,000
- Very Low (50%)
- $51,600
- Low (80%)
- $65,850
- Extremely Low (30%)
- $34,850
- Very Low (50%)
- $58,050
- Low (80%)
- $74,100
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $64,500
- Low (80%)
- $82,300
- Extremely Low (30%)
- $41,800
- Very Low (50%)
- $69,700
- Low (80%)
- $88,900
- Extremely Low (30%)
- $44,900
- Very Low (50%)
- $74,850
- Low (80%)
- $95,500
- Extremely Low (30%)
- $48,000
- Very Low (50%)
- $80,000
- Low (80%)
- $102,100
- Extremely Low (30%)
- $51,100
- Very Low (50%)
- $85,150
- Low (80%)
- $108,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $27,100 | $45,150 | $57,650 |
| 2 Persons | $31,000 | $51,600 | $65,850 |
| 3 Persons | $34,850 | $58,050 | $74,100 |
| 4 Persons | $38,700 | $64,500 | $82,300 |
| 5 Persons | $41,800 | $69,700 | $88,900 |
| 6 Persons | $44,900 | $74,850 | $95,500 |
| 7 Persons | $48,000 | $80,000 | $102,100 |
| 8 Persons | $51,100 | $85,150 | $108,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Potomac, MD?+
The Fair Market Rent (FMR) for Montgomery County, MD is: $1772 (Studio), $1803 (1BR), $2045 (2BR), $2544 (3BR), $3015 (4BR). Actual rent at subsidized properties like Scotland Townhomes is typically 30% of household income or less.
What are the income limits for affordable housing in Montgomery County, MD?+
For a 4-person household in Montgomery County, MD, the income limits are: Extremely Low Income (30% AMI): $38,700, Very Low Income (50% AMI): $64,500, Low Income (80% AMI): $82,300. These limits are set by HUD and updated annually.
Who is eligible to live at Scotland Townhomes?+
Scotland Townhomes primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Scotland Townhomes?+
Scotland Townhomes is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Scotland Townhomes?+
Scotland Townhomes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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