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 15,200 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.
Credit Allocation Recipients
Current LIHTCP News & Updates
Approved Fair Housing and Americans with Disabilities Act Training
The following trainings have been approved for points under the above-referenced scoring criterion:
- E&A Team Second Annual Online Multifamily Accessibility Summit
- Fair Housing Accessibility First Design & Construction Webinar – training must include at a minimum Module 1 (Parts I and II), Module 4, and Module 11
In order to be eligible for the points available, a certificate of attendance must be submitted which includes the date(s) of the training and the name of the attendee.
The Fund will update this page as additional acceptable training is approved by the Fund.
WVHDF Basic Underwriting Spreadsheets
Note: The example used for the Application Workshop is included in each underwriting spreadsheet above as well as a blank spreadsheet for use to underwrite your property.
General LIHTCP Information
The 2021 “15% amount” as referenced in the Limitation on Amount of Property Allocation subsection (page 37) of the Manual is $752,956.
The 2021 “maximum favorable financing rate” as referenced in the Favorable Financing scoring criterion (pages 23 through 25) of the Plan is less than or equal to 6% fixed.