HOUSING FUND
CONTRIBUTIONS TO HOUSING FUND SINCE 2023
Loudoun County leads the Commonwealth in addressing housing needs through the use of local tax dollars and collaboration with developers. The county’s budget over the past few years has included funding equivalent to one-half cent of the real property tax rate, and one cent beginning in FY 2026. The Board of Supervisors has dedicated all cigarette tax revenue for a housing program that provides assistance for down payments and closing costs for eligible residents beginning in FY 2027. The FY 2027 contribution to the Housing Fund includes a $26 million transfer from the General Fund and dedication of cigarette tax revenue equivalent to $3 million.
FY 2027
$29 M
FY 2026
$27.8 M
FY 2025
$16.5 M
FY 2024
$6.5 M
$6.1 M
FY 2023
Source: County Administrator FY 2027 Proposed Budget Presentation, 2/11/2026
Funding has allowed the Attainable Housing Loan Program to fund a total of 10 developments with more than 1,100 units . In addition, this funding will support four developments and over 600 units that are currently under review. ATTAINABLE HOUSING LOAN PROGRAM 16,000 ATTAINABLE HOUSING OPPORTUNITIES BY 2040
8,200 units through new construction 7,800 units through preservation/access
Source: County Administrator FY 2027 Proposed Budget Presentation, 2/11/2026
FY 2027 BUDGET IN BRIEF LOUDOUN COUNTY, VA / 11
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