CRA announces the release of “Loudoun County Housing Needs Assessment, 2015-2040”, a report produced in partnership with Lisa Sturtevant & Associates, LLC and CRA associate Jeanette Chapman as co-author.
Loudoun County contracted with the George Mason University Center for Regional Analysis and Lisa Sturtevant & Associates LLC (GMU consulting team) to assess the County’s current and future housing needs. Section I of this report includes an analysis of current demographic, economic and housing market conditions and patterns of housing affordability in the County, and describes the current gaps between housing demand and supply. Section II includes an assessment of the economic and demographic forces that will drive future housing demand in Loudoun County, presents detailed forecasts of household growth and housing demand to 2040, and analyzes the potential implications of a gap between projected demand and anticipated supply in the County.