Homeownership Interest Rate for July 25, 2017:
4.00% (APR: 4.480%)

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June 1, 2017
Most know the West Virginia Housing Development Fund through our home-buying programs. One in 10 West Virginia homebuyers have entrusted us...
April 25, 2017
The West Virginia Housing Development Fund’s Board of Directors has approved a loan to the Kanawha County Commission to help take down...
April 18, 2017
  Erica L. Boggess has been named Executive Director of the West Virginia Housing Development Fund.     Boggess, who has...
March 30, 2017
A message to our customers:   Here at the Fund, we are proud of what we do. We are honored by the fact that so many West Virginians...
February 14, 2017
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of...
January 26, 2017
  The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt...
December 21, 2016
  West Virginia’s natural beauty is truly unmatched.   Our citizens are among the brightest, hardest working and...
December 6, 2016
The West Virginia Housing Development Fund is proud to announce a new video designed to help our partners across the lending and banking...
October 6, 2016
          Standard & Poor’s Rating Service has once again affirmed West Virginia Housing...
August 25, 2016
  To assist those affected by flooding in towns and communities across our state, the West Virginia Housing Development Fund...

Low-Income Housing Tax Credit Program

The Fund is responsible for administering the Low-Income Housing Tax Credit Program, which generates low-income residential rental units by encouraging private investment through federal tax credits. Since its inception, this program has produced more than 14,700 affordable rental units.

 

If you are interested in receiving updates on the Fund's Low-Income Housing Tax Credit Program by being added to the mailing list, please click here.

 

To make sure you do not miss out on any of our emails, the one thing you can do no matter what email service providers you're using is to add the West Virginia Housing Development Fund to your address book.

 

If you have a question about the Low-Income Housing Tax Credit Program, please click here.

 

 

Credit Allocation Recipients

 

Current News & Updates

 

 

Program Calendar Change for 2017 Top Off Requests

 

 

HUD designated Qualified Census Tracts and Difficult Development Areas for West Virginia for 2017 can be found at this link.

 

2017 and 2018 Program Information

As referred to in the Favorable Financing scoring criterion of the 2017 and 2018 Allocation Plan, the “maximum favorable financing rate” is less than or equal to 6% fixed.

 

 

Per property credit limit for 2017
 

2017 and 2018 Program Calender

 

Program Calendar Change for 2017 Top Off Requests

 

WVHDF Basic Underwriting Spreadsheets:

Instructions for Uploading Documents to the Procorem Web Portal

 

General LIHTCP Information

 

Qualified Contract Process

The Fund is providing the following Notification Letter pro-forma and Calculation Worksheets for the Fund’s Qualified Contract Process.  For additional details regarding the Fund’s Qualified Contract Process refer to the Qualified Contract Request Procedure section of the current Tax Credit Manual.

Qualified Contract Notification Letter and Calculation Worksheets

 

The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.