What is the WDU policy in Fairfax County?

How Does the WDU Policy Work? The WDU Policy allows developers to receive a "density bonus" on their development project of up to 20 percent in exchange for a commitment of WDUs across a variety of income levels.

US Legal Forms
Agreements - Agreement Forms
Apartment Rental Agreement

Contrato Alquiler Descargar Within In Fairfax

Category:

Landlord Tenant - Apartments

State:

Multi-State

County:

Fairfax

Control #:

US-00001BG-I

Format:

Instant download

Description

An apartment rental agreement is a document outlining the terms and conditions under which a landlord rents a property to a tenant.

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How Does the WDU Policy Work? The WDU Policy allows developers to receive a "density bonus" on their development project of up to 20 percent in exchange for a commitment of WDUs across a variety of income levels.

The ADU Program is established to assist in the provision of affordable housing for persons of low and moderate income.

While anyone can apply to a WDU apartment, applicants who live and work in Fairfax County and disabled persons will be given priority. Applicants must make at least 2.5x the base rent as well as not exceed the maximum income level. The maximum income level is based off of the total number of occupants in the apartment.

The WDU Rental Program is designed to help working households afford to live in Fairfax County, near employment centers and transportations options – and avoid those long, expensive commutes from further away. In short, the WDU Rental Program can help you live near where you work – and spend less time on the road.

The total payments may not exceed a total of four (4) months of rental assistance per household.

Fairfax County Workforce Dwelling Unit (WDU) affordable housing program is for low-income individuals and families, allowing below-market rents for those who qualify. The program is not a subsidized housing program, as each resident is responsible for their monthly rent amount.

If a tenant is on a month-to-month tenancy, or is nearing/at the expiration of a term tenancy, a landlord can effectively kick them out for no reason at all by utilizing a proper No Cause Termination Notice.

Month-to-month lease terms may be ideal if you're looking for more flexibility on who you rent to throughout the year or planning on renting the property out for a short period. This can also be a great option if an active fixed-term lease ends, but the tenants need more time to find their next home.

What is the Difference Between a Month-to-Month Lease and a Fixed Term Lease? The tenant signs a 12 (Twelve) month lease. The lease expires, the lease will continue a Month-to-Month basis. This means that the tenant does not vacate the premises nor will the tenant renew the lease for a further fixed term period.

Review § 55.1-1204 of the Virginia Residential Landlord Tenant Act (VRLTA) for more details. Landlords are required to provide tenants with a copy of the written lease agreement along with the Virginia Statement of Tenant Rights and Responsibilities, which must be signed by both the tenant and landlord.

More info

Every rental is required to have a City Business License; You can rent to no more than one family, plus 3 un-related people. To advertise your unit for rent with the HCV program, submit the Listing Form via email, fax or mail.

Contrato Alquiler Descargar Within In Fairfax

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FAQ

What is the WDU policy in Fairfax County?

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What is the WDU program?

Can a landlord kick you out for no reason on a month-to-month lease?

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