The West Virginia Homeowners Rescue Program is CLOSED to all new claims and applications. Visit www.wvhomeresuce.com for more information. You may check the status of your application by logging into the application portal.

The West Virginia Housing Development Fund Audit Committee will meet at 8 a.m. Wednesday, June 26. Click here for the agenda. The West Virginia Housing Development Fund Board of Directors will meet at 9 a.m. Wednesday, June 26. Click here for the agenda.

Multifamily Loan Program

The Multifamily Loan Program provides construction and/or permanent financing for new multifamily rental developments or those requiring acquisition and rehabilitation. Projects financed under this program are expected to receive portions of their funding from equity raised through the syndication of Low-Income Housing Tax Credits or other leveraging sources. Most loans made under this program require some form of loan guarantee or mortgage insurance. Interest rates are fixed, and generally below market rate, with loan terms up to a maximum of 40 years.