Franconia, Virginia Affordable Housing

Affordable Housing programs support 0 income based apartments in Franconia where households pay rent based on how much they earn.

There are 60 affordable apartments in Franconia that offer reduced rents to low-income households.

Waiting Lists in Franconia, Virginia

There are no open Section 8 Housing Choice Voucher waiting lists in Franconia. Go to the Virginia Section 8 Waiting Lists page for openings near Franconia.

Morris Glen

7010 Schoonmaker Ct
Franconia, Virginia
Affordable
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Affordable Housing Near Franconia

View affordable apartments and waiting lists in cities near Franconia

City Apartments
Reston, VA Affordable Housing programs support 10 apartment communities in Reston.
Herndon, VA Affordable Housing programs support 7 apartment communities in Herndon.
Springfield, VA Affordable Housing programs support 6 apartment communities in Springfield.
Lorton, VA Affordable Housing programs support 4 apartment communities in Lorton.
Burke, VA Affordable Housing programs support 3 apartment communities in Burke.

Public Housing Agencies Serving Franconia, Virginia

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Fairfax County Redevelopment and Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Moving to Work; Rental Assistance Demonstration (RAD); Homeownership
Go to the Virginia Public Housing and Low-Income Apartments Waiting Lists page for openings near Franconia.

Franconia, Virginia Affordable Housing Data

Income Based Apartments in Franconia, Virginia

Franconia features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Franconia, Virginia

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Franconia.

Housing Choice Vouchers in Franconia, Virginia

On average, Section 8 Housing Choice vouchers pay Franconia landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Franconia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Franconia, Virginia for a two-bedroom apartment is between $1,654 and $2,022.

2023 Franconia, Virginia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Franconia, Virginia Fair Market Rent $1,589 $1,615 $1,838 $2,299 $2,742
Franconia, Virginia Payment Standard Range $1,430 to $1,748 $1,454 to $1,777 $1,654 to $2,022 $2,069 to $2,529 $2,468 to $3,016

Sourced from federal housing data and AffordableHousingOnline.com research.

Franconia, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 60
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 24.72%
Average Renter Household Size 2.78
Average Household Size 2.63
Median Household Income $116,844 ±$4,896
Median Rent $2,024 ±$109
Percentage Of Renters Overburdened 37.95% ± 7.2pp
Total Population 19,698

Population and Household Demographics

Franconia is a city in Fairfax County, Virginia with a population of 19,698. There are 7,473 households in the city with an average household size of 2.63 persons. 24.72% of households in Franconia are renters.

Income and Rent Overburden in Franconia

The median gross income for households in Franconia is $116,844 a year, or $9,737 a month. The median rent for the city is $2,024 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franconia, a household making less than $6,747 a month would be considered overburdened when renting an apartment at or above the median rent. 37.95% of households who rent are overburdened in Franconia.

Area Median Income In Franconia

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Franconia, the AMI is calculated from all households within Fairfax County.

In Franconia, HUD calculates the Area Median Income for a family of four as $142,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Franconia

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Franconia

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Franconia AMI may qualify for rental assistance programs that target Extremely Low Income households.
$29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400
50% AMI Income Limits
Renters earning up to 50% of the Franconia AMI may qualify for rental assistance programs that target Very Low Income households.
$49,850 $56,950 $64,050 $71,150 $76,850 $82,550 $88,250 $93,950
80% AMI Income Limits
Renters earning up to 80% of the Franconia AMI may qualify for rental assistance programs that target Low Income households.
$63,000 $72,000 $81,000 $90,000 $97,200 $104,400 $111,600 $118,800