About This Property
Potomac Station is a 152-unit affordable housing community in Leesburg, Virginia that has served families since its completion in 2002. The property includes 150 low-income units and operates with 4% Low-Income Housing Tax Credit financing and tax-exempt bond funding. The community remains in service as an affordable housing resource for Loudoun County residents.
Waitlist Information
Waitlist managed by Loudoun County Office of Housing
No current active waitlist information found for this program.
Preferences are given to applicants with a disability, older adults (over 62 and head of household), families, or homeless persons living or working in Loudoun County, followed by those in Virginia, and then other U.S. residents. The waitlist closed after approximately 300 preliminary applications, which was estimated to result in a three-year wait for a subsidy.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Loudoun County, VA
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 - Loudoun County, VA
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 Leesburg, VA?+
The Fair Market Rent (FMR) for Loudoun County, VA is: $1772 (Studio), $1803 (1BR), $2045 (2BR), $2544 (3BR), $3015 (4BR). Actual rent at subsidized properties like Potomac Station is typically 30% of household income or less.
What are the income limits for affordable housing in Loudoun County, VA?+
For a 4-person household in Loudoun County, VA, 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 Potomac Station?+
Potomac Station primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Potomac Station?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Potomac Station?+
Potomac Station is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Potomac Station?+
Potomac Station 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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