New Construction Financing Program - Encourages builders to construct and market single family homes.
West Virginia Property Rescue Initiative - Provides cities and counties with resources to acquire and remove dilapidated properties from their communities.
Rebuild West Virginia - An affordable loan initiative to help those whose homes were damaged or destroyed by high water.
The HOME Program - The primary objective of the HOME program is to expand the supply of decent, safe, sanitary and affordable housing, primarily rental housing; to strengthen the abilities of state and local governments to provide housing; to ensure that federal housing services, financing, and other investments are provided to state and local governments in a coordinated, supportive fashion; to expand the capacity of nonprofit community-based housing development organizations; and to leverage private sector participation in financing affordable housing.
Land Development Program - Provides low, fixed-rate interest loans to builders and developers to buy land and install infrastructure improvements to create buildable subdivision lots and commercial developments.
Leveraged Loan Program - Provides construction and/or permanent financing for new multifamily rental developments or those requiring acquisition and rehabilitation.
Low-Income Housing Tax Credit Program (LIHTCP) - Generates low-income residential rental units by encouraging private investment through federal tax credits.
Mini-Mod Rehab Program - Provides landlords affordable financing to renovate existing apartment units.
Special Assistance Lending Program (SALP) - A multi-purpose finance program designed to provide financial assistance to organizations engaged in the development and operation of programs and properties to improve housing opportunities and promote the general welfare of low-income and special needs populations. SALP funding will now be awarded on an RFP basis. (Update - Please note, SALP funding has been committed through 2017 to help address disaster recovery efforts across West Virginia. SALP applications are not being accepted at this time and no new applications will be taken until further notice.)
National Housing Trust Fund Program - A federal program administered by the Fund to increase and preserve the supply of decent, safe, sanitary and affordable housing, with primary attention to rental housing for extremely low-income and very low-income households, including homeless families.