Maryland

Tax credit apartments in Gaithersburg, MD

HUD's database lists 10 properties in Gaithersburg built or rehabbed with low-income housing tax credits: 1,392 apartments, 1,382 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Airpark Apartments [Aka] Corrigan Square

8511-23 Snouffer School Rd, Gaithersburg, MD 20879

Apartments
106
Income-restricted
106
Placed in service
2004

Airpark Apts

8511 Snouffer School Rd, Gaithersburg, MD 20879

18 1BR, 88 2BR

Apartments
106
Income-restricted
106
Placed in service
2006

Forest Oak Towers Apts

101 Odendhal Ave, Gaithersburg, MD 20877

HUD lists it as senior housing

Apartments
175
Income-restricted
175
Placed in service
2008

Hillside Senior Living

200 Skidmore Boulevard, Gaithersburg, MD 20788

HUD lists it as senior housing · 82 1BR, 58 2BR

Apartments
140
Income-restricted
140
Placed in service
2020

Oaks At Olde Towne

7 Chestnut St, Gaithersburg, MD 20877

Apartments
72
Income-restricted
71
Placed in service
2002

Parklane Apts

7900 Spiceberry Cir, Gaithersburg, MD 20877

60 2BR, 77 3BR, 12 4BR

Apartments
137
Income-restricted
128
Placed in service
2002

Stewartown Homes

9310 Merust Lane, Gaithersburg, MD 20879

2 1BR, 14 2BR, 65 3BR, 13 4BR

Apartments
94
Income-restricted
94
Placed in service
2021

The Crossing At Olde Towne

200 Olde Towne Avenue, Gaithersburg, MD 20877

HUD lists it as senior housing · 69 1BR, 124 2BR, 6 3BR

Apartments
199
Income-restricted
199
Placed in service
2017

The Fields Of Suburban Park

11 School Dr, Gaithersburg, MD 20878

28 1BR, 112 2BR, 28 3BR

Apartments
168
Income-restricted
168
Placed in service
2001

The Willows

407 W Diamond Ave, Gaithersburg, MD 20877

Apartments
195
Income-restricted
195
Placed in service
1999

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.