Eligible applicants must have a total household income which falls below 120 percent of AMI (based on household size) as outlined in the table below:.Other covenants apply ( Fairfax County Tysons-specific).
First offer the unit to Fairfax County at time of resale.Contact Fairfax County prior to any refinancing (Refinancing is limited to current outstanding principal balance).Live in the home as their primary residence (No renting allowed occupancy is certified annually).You may re-submit the requisite forms at such time as you no longer own a home. Any applicant who currently owns a home is not eligible for the WDU program. NEW: As of October 2022, all prospective applicants for the WDU program may not have an ownership interest in real property when submitting an application to purchase a WDU or when closing on the purchase of a WDU.
Homebuyers who purchase a home through the program are required to: