West Virginia Housing Development Fund

Programs - The Fund established the Development Financing Program to provide financing for a variety of housing and nonresidential development projects.

Rental Property Owners - The Fund has established programs to help rental property owners maintain exisiting apartment units.

TCAP - The Tax Credit Assistance Program (“TCAP”) is provided to aid stalled Low-Income Housing Tax Credit Program properties.

TCEP - allows the Fund to elect to exchange portions of its State Housing Credit Ceiling for cash assistance from the U.S. Treasury in order to provide funds to assist in the financing of the development of certain Low-Income Housing Tax Credit Program properties

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.