The West Virginia Homeowners Rescue Program is OPEN and accepting applications. Visit www.wvhomeresuce.com for more information and to submit your application today!
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FAIRMONT – Judy Marshall has lived in some unique places in Marion County.
Her previous home once belonged to the grandparents of Olympic gold medalist and Fairmont native Mary Lou Retton.
“I can just see little Mary Lou doing flip flops in the living room,” Marshall said of Retton, who, at the 1984 Olympics in Los Angeles, was the first ever American woman to win the all-around gold medal in gymnastics.
Today, Marshall calls The Miller School Apartments home. Her... Continue Reading
Low-Income Housing Tax Credit Program
The Fund is responsible for administering the Low-Income Housing Tax Credit Program, which generates low-income residential rental units by encouraging private investment through federal tax credits. Since its inception, this program has produced more than 17,200 affordable rental units in West Virginia.
If you are interested in receiving updates on the Fund’s Low-Income Housing Tax Credit Program, join the mailing list.
To make sure you do not miss out on any of our emails, add the West Virginia Housing Development Fund to your address book.
Above is a link to the Fund’s main underwriting spreadsheets. The three main underwriting spreadsheets used by the Fund are (1) Analysis of Intermediary Costs, (2) Analysis of Property Costs, and (3) Determination of Housing Credit Dollar Amount Needed. The link is to an Excel file which contains two tabs for each underwriting spreadsheet – one which is a locked example, and a second which is a blank which may be used to enter property-specific information. It is of note that the three underwriting spreadsheets are embedded in the Fund’s LIHTCP Application (WVHDF Form 1040).