City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program

City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program is down payment assistance for homebuyers in Fairfax, Virginia, administered by City of Fairfax (Community Development & Planning / Housing). The City of Fairfax's Affordable Dwelling Unit (ADU) Program supports mixed-income housing by requiring a portion of new residential units to be designated affordable and sold to income-eligible households at below-market prices. For-sale ADU buyers sign an ADU Program Rider and the City of Fairfax Affordable Dwelling Unit Purchaser's Certificate, and resale during the control period is limited to a controlled price to preserve long-term affordability. The City administers this program separately from Fairfax County's ADU program. Below-market purchase price on new units. Long-term affordability via controlled resale price. Mixed-income, owner-occupied homeownership within the City of Fairfax. Funding comes from Mandatory inclusionary-zoning set-aside (developers designate a portion of new residential units as affordable Affordable Dwelling Units).

City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program is down payment assistance and is repaid under the terms set by City of Fairfax (Community Development & Planning / Housing). Repayment is triggered by Resale during the control period is restricted to a controlled maximum price (resale price limited to original price plus a CPI-Urban-area-index-based increase). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program is open to homebuyers who will live in the home as their primary residence. Residency requirement: Units located within the City of Fairfax. This is the CITY of Fairfax ADU program — a separate jurisdiction from Fairfax County's ADU/WDU programs (which are already tracked). It is a resale-price-restricted below-market for-sale homeownership program (assistance_type 'other'), not a cash DPA grant/loan. Confirmed from the City's zoning ADU page: developer set-aside, ADU Program Rider + Purchaser's Certificate, CPI-Urban-index controlled resale price. GAPS: exact income-limit table by household size, AMI percentage, sales prices, control-period length, first-time-buyer requirement, and provider email not on the public page — obtain from the City of Fairfax Administrative Regulations PDF and Housing office before publishing.

City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program sets its income limit as follows: Purchase of a for-sale ADU is restricted to income-eligible households below set AMI thresholds. The City of Fairfax ADU zoning page does not publish the exact income-limit table by household size online (obtain from the City's Administrative Regulations / Housing office; the City administers its own ADU program separate from Fairfax County's). The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program caps the purchase price as follows: ADU sales price is set below market and capped on resale by the controlled-price formula. Eligible property types include Single Family, Condo, and Townhouse. New construction is eligible. Manufactured homes are not eligible.

City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program serves homebuyers purchasing in Fairfax, Virginia.

Applications for City of Fairfax Affordable Dwelling Unit (ADU) For-Sale Homeownership Program go through City of Fairfax (Community Development & Planning / Housing), which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.