Tax Credit Exchange Program (TCEP)

The Exchange Program allows the Fund to elect to exchange portions of its 2009 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

TCEP Competitive Selection Criteria

TCEP Notice of Funding Availability

A list of the property selections for Tax Credit Exchange Program Funding (Updated: Dec. 29, 2010) is availible at the following link:
Property Selections of TCEP Funding

The Request for Proposals for TCAP and TCEP Asset Management (issued November 7, 2011) is available at the following link:

RFP for TCAP and TCEP Asset Management 

UPDATE

As was provided for in the Asset Management Services Request for Proposals issued and posted on the West Virginia Housing Development Fund’s website on November 7, 2011, the West Virginia Housing Development Fund is hereby providing notification of two revisions to the Schedule of Events:

Schedule of Events (Revised)

The Fund has revised the Schedule of Events as follows:

Event                                                                                     

Request for Proposal Issuance, November 7, 2011

Request for Proposal Submission Deadline, November 14, 2011, 4:30 p.m., prevailing Eastern Time                                                                      

Anticipated Final Selection (Revised), February 15, 2012

Anticipated Execution of Contract (Revised), February 29, 2012