There is no doubt about it. Loudoun County is a highly desirable place to live.
The University of Virginia projects that Loudoun’s population will increase by 55 percent by 2040, making Loudoun the second-largest population in the Commonwealth.
Since 2000, Loudoun has added approximately 55,000 housing units, making it the fastest growing jurisdiction in the greater Washington, D.C. Capitol region, by far.
The Loudoun EDA is working with county leaders to help meet the demand for housing in Loudoun, particularly housing for workers who struggle to afford the Northern Virginia’s high housing costs.
We are doing this by prioritizing high-density development near Loudoun’s two future D.C. Metrorail stops, inside the county’s new urban policy area. By increasing density near transit-oriented development, Loudoun will offer a fuller spectrum of workforce housing without compromising the county’s character.
The EDA is also partnering with nonprofit and for-profit developers to provide low-interest financing, including tax-free municipal bonds, to build hundreds of below market rate housing for Loudoun’s workforce that earn below the county’s average wage.
Click on the links below for more information about the EDA’s housing initiatives:
