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 Board of Directors will meet at 9 a.m. Wednesday, October 23. Click here to view the agenda.
GREENVILLE – Monday through Friday, a hearty collection of older folks make their way to the Greenville Senior Center for lunch. They pile paper plates high with meatloaf, mashed potatoes, carrots and tiny bowls of canned fruit. Sipping Styrofoam cups full of coffee and sitting at long tables in the cafeteria of the former Greenville High School, they discuss local headlines, the weather, crop reports and whatever else people of that demographic like to chat about.
The West Virginia Housing Development Fund has been responsible for the administration of the HOME Investment Partnerships Program (HOME) since 1992. The primary objective of the 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.
In 2023, the Fund committed $7,523,900 of HOME funds to six affordable housing multifamily residential rental projects. The six projects contain 198 total units, and 40 of these units were HOME assisted.
For more information on the HOME Program, please contact Cathy Colby.
Part of the West Virginia Housing Development Fund’s mission is to provide financing for affordable housing, including residential rental housing. To offer guidance and direction, we have put together a detailed manual to help developers understand our policies and procedures relating to portfolio diversification, related parties and eligible participants.