Victory Terrace Senior Apartments

9440 Newbridge Dr, Potomac, Maryland 20854

Contact Victory Terrace Senior Apartments

Victory Terrace brings new vision to Potomac, Maryland - an enhanced quality of life for seniors in moderately priced luxury rental apartment homes set in a serene wooded location, while convenient to nearby shopping centers and services. Our one and two bedroom floor plans feature a fully-equipped kitchen with a breakfast bar, plush wall-to-wall carpeting and closet space galore with a pantry closet, walk-in closet and foyer closet. Victory Terrace offers pet-friendly senior apartment living at an affordable rent!

In addition to our beautiful apartment homes, our residents enjoy utilizing the variety of amenities provided at Victory Terrace. Exercise in our fitness center while you wait for your laundry to finish or email friends and family in the computer lab. Activities abound- there is never a dull moment at Victory Terrace. Enjoy social activities ranging from seasonal celebrations, wellness seminars and exciting events. Relax and unwind outside on the patio by the calming coy pond. You will also find a library and many common areas for relaxing with neighbors. Our dedicated onsite management team provides 24 hour emergency maintenance and excellent customer service.

Ideally located in Montgomery County, Victory Terrace is convenient to major highways, I-270 and the Capital Beltway providing easy access to Rockville, Washington DC, Virginia and more! We are within close proximity to multiple bus stops and our community shuttle service plans monthly trips to local shopping centers and attractions. With convenience, accessibility and affordability, our award-winning senior community provides the best in retirement living in the DC Metro area! Call today to schedule a tour!

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	619	From $798 To $1,600
1 Bedroom W/ Den (1/1)	858	$1,870
2 Bedroom (2/1)	862	$1,500
2 Bedroom (2/1.5)	894	From $1,500 To $1,950
2 Bedroom (2/2)	912	From $1,500 To $2,070

Eligibility for Victory Terrace Senior Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Potomac but actual income limits may differ for units at Victory Terrace Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$52,750	$60,300	$67,850	$75,350
Low Income (60%)	$63,300	$72,360	$81,420	$90,420

Victory Terrace Senior Apartments Details

72 one and two bedroom units.
$25.00 application fee
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Property Amenities

Controlled Access
Computer Lab
Community Room
Library
24 Hour Maintenance
Resident Activities
On-Site Laundry

Unit Amenities

Handicapped Accessible
Dishwasher
Garbage Disposal
Walk-in Closet(s)
Patio Deck Or Balcony
Breakfast Bar
Kitchen Pantry
Linen Closets
Cable & Internet Ready
Fully Equipped Kitchen
Bay Windows
Wall-to-Wall Carpeting
Individual heating and cooling systems

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.