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 administered the HOME Investment Partnerships Program (HOME) since 1992. The primary objectives of the program are:
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 2024, the Fund committed $1,758,800 of HOME funds to three affordable housing multifamily residential rental projects. The three projects contain 32 total units, and 10 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.
