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 17,200 affordable rental units in West Virginia.
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Ask a question about this program.Current News & Updates
The Fund will conduct a public hearing on the proposed 2025 and 2026 Allocation Plan for the Low-Income Housing Tax Credit Program for the State of West Virginia. The hearing will be conducted telephonically on Tuesday, January 7, 2025, at 1:00 p.m.
Proposed 2025 and 2026 Allocation Plan
The Fund has released the 2025 and 2026 Tax Credit Manual.
2025 and 2026 Tax Credit Manual
Credit Allocation Recipients
WVHDF Basic Underwriting Spreadsheets
Above is a link to the Fund’s main underwriting spreadsheets. The three main underwriting spreadsheets used by the Fund are (1) Analysis of Intermediary Costs, (2) Analysis of Property Costs, and (3) Determination of Housing Credit Dollar Amount Needed. The link is to an Excel file which contains two tabs for each underwriting spreadsheet – one which is a locked example, and a second which is a blank which may be used to enter property-specific information. It is of note that the three underwriting spreadsheets are embedded in the Fund’s LIHTCP Application (WVHDF Form 1040).
LIHTCP General Information
2023 and 2024 LIHTCP Allocation Plan
2023 and 2024 LIHTCP Tax Credit Manual
2024 Schedule of Set-Aside Categories and Amounts
2023 and 2024 LIHTCP Program Calendar
2024 Qualified Census Tracts and Difficult Development Areas
General Instructions for Uploading Files to Microsoft Teams
The 2024 per property credit limitation as referenced in the Limitation on Amount of Property Allocation subsection of the Manual is $769,980.
The 2024 “maximum favorable financing rate” as referenced in the Favorable Financing scoring criterion of the Plan is less than or equal to 6% fixed.