Dismiss

 

Due to a water outage, the West Virginia Housing Development Fund office in Charleston and the call center are CLOSED. We apologize for any inconvenience.

 

Dismiss

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, the one thing you can do no matter what email service providers you’re using is to add the West Virginia Housing Development Fund to your address book.

Ask a question about this program.

Current News and Updates

Registration is now open for the 2024 WVHDF LIHTCP Application Workshop which will be held on Thursday, March 14, 2024, from noon until 3:30 pm via Zoom.

  • A Registration Form must be completed for each attendee. Registration Form
  • The registration fee for the Application Workshop is $50 per person.
  • Registration forms with payment are due no later than Thursday, March 7.  Payment may be made in the form of cash, check, or money order, and is due with your registration form.
  • A detailed agenda as well as login instructions will be provided to registered attendees in advance of the workshop.

Reminder:  Beginning with the 2023 and 2024 Allocation Plan, points are awarded for attendance of all sessions of a Fund LIHTCP Application Workshop which covered the current Plan. 

Therefore, if you received an attendance certificate for the 2023 workshop, it is not required that you attend this year’s workshop for points eligibility.  Last year’s attendance certificates are good for this year (2024) also.

Credit Allocation Recipients

2023 LIHTCP Credit Allocation Recipients (116.5 KB)
Download PDF View PDF

2022 LIHTCP Credit Allocation Recipients (153.3 KB)
Download PDF View PDF

2021 LIHTCP Credit Allocation Recipients (153.3 KB)
Download PDF View PDF

2020 LIHTCP Credit Allocation Recipients (151.9 KB)
Download PDF View PDF

2019 LIHTCP Credit Allocation Recipients (145.8 KB)
Download PDF View PDF

2018 LIHTCP Credit Allocation Recipients (142.4 KB)
Download PDF View PDF

2017 LIHTCP Credit Allocation Recipients (71.5 KB)
Download PDF View PDF

2016 LIHTCP Credit Allocation Recipients (72.6 KB)
Download PDF View PDF

2015 LIHTCP Credit Allocation Recipients (66.6 KB)
Download PDF View PDF

2014 LIHTCP Credit Allocation Recipients (51.5 KB)
Download PDF View PDF

2013 LIHTCP Credit Allocation Recipients (44.2 KB)
Download PDF View PDF

2012 LIHTCP Credit Allocation Recipients (52.0 KB)
Download PDF View PDF

2011 LIHTCP Credit Allocation Recipients (48.7 KB)
Download PDF View PDF

2010 LIHTCP Credit Allocation Recipients (48.3 KB)
Download PDF View PDF

2009 LIHTCP Credit Allocation Recipients (46.2 KB)
Download PDF View PDF

WVHDF Basic Underwriting Spreadsheets

Fund Underwriting Spreadsheets (40.7 KB)
Download XLS

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).

LIHTCP General Information

2023 and 2024 LIHTCP Allocation Plan

2023 and 2024 LIHTCP Tax Credit Manual

2023 Schedule of Set-Aside Categories and Amounts

2023 and 2024 LIHTCP Program Calendar

2024 Qualified Census Tracts and Difficult Development Areas

Internal Revenue Code Section 42 (Updated to reflect the provisions of the Housing and Economic Recovery Act of 2008 and the American Recovery and Reinvestment Act of 2009)

General Instructions for Uploading Files to Microsoft Teams

The 2023 per property credit limitation as referenced in the Limitation on Amount of Property Allocation subsection of the Manual is $754,500.

The 2023 “maximum favorable financing rate” as referenced in the Favorable Financing scoring criterion of the Plan is less than or equal to 6% fixed.