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.
Since 1992, the Housing Development Fund has been responsible for the administration of the HOME Program. 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 2020, the Fund committed $6,259,900 of HOME funds to nine affordable housing multifamily residential rental projects. These nine projects contain 390 total units, and 57 of these units are HOME assisted.
Notice of Public Hearings – FY 2021 Annual Action Plan and Amended Citizen Participation Plan
The West Virginia Development Office (WVDO) and the West Virginia Housing Development Fund (WVHDF) are conducting public hearings concerning the State of West Virginia’s Draft FY 2021 Annual Action Plan (AAP) and Amended Citizen Participation Plan (CPP). The AAP and CPP will be submitted to the U.S. Department of Housing and Urban Development (HUD) within 60 days after the date 2021 allocations are announced, but no later than August 16, 2021.
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.