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The West Virginia Housing Development Fund is responsible for the administration of the National Housing Trust Fund.  The Housing Trust Fund (HTF) program was established under section 1338 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (12 U.S.C. 4501 et seq.) (the Act). In general, under the HTF program, HUD allocates funds by formula to eligible states to increase and preserve the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing for extremely low-income and very low-income households, including homeless families.

Section 1337 of the Act requires a percentage of the unpaid principal balance of total new business for the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) (collectively, the government-sponsored enterprises or GSEs) to be setaside and allocated as a dedicated source of annual funding for the HTF, unless allocations are suspended by the Director of the Federal Housing Finance Agency, the agency that regulates the GSEs. These funds will be deposited into an HTF account established in the Treasury of the United States by the Secretary of the Treasury to carry out the HTF program. The Act also provides that the HTF may be funded with amounts appropriated, transferred, or credited to the HTF under other provisions of law.

In 2019, the Fund committed $3,617,957 to assist in the financing, acquisition, new construction and rehabilitation of six affordable housing multifamily residential rental projects. These six projects contain 208 total units, 35 of these units are HTF units.

For more information on the the National Housing Trust Fund, please contact Cathy Colby

2019 HTF COMMITMENTS

HTF News

Notice of Public Hearings FY 2020-2024 Consolidated Plan/FY 2020 Annual Action Plan 

HUD’s Environmental Review Records 

2020-2024 Consolidated Plan Draft Public Review Documents

2020 2024 Consolidated Plan Community Needs Assessment And Results (1.1 MB)
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2020 2024 State Of West Virginia Consolidated Plan And FY2020 Annual Action Plan DRAFT (2.7 MB)
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2020 Amended Citizen Participation Plan DRAFT (293.6 KB)
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2020 Update To The West Virginia Analysis Of Impediments To Fair Housing DRAFT (649.9 KB)
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HOME & HTF Plans

2015 2019 State Of West Virginia Consolidated Five Year Plan AMENDED Version 1.1 (3.0 MB)
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2018 West Virginia Consolidated Annual Performance And Evaluation Report (CAPER) (2.2 MB)
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2019 State Of West Virginia Citizen Participation Plan (282.8 KB)
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2019 West Virginia Annual Action Plan Amended – Draft (11.6 MB)
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HTF Limits

2020 WV HTF Program Income Limits (Effective 2020 07 01)

2020 WV HTF Program Rent Limits (Effective 2020 07 01)2020 HOME And HTF Maximum Per Unit Subsidy Limits (Effective 2020 06 04)

HOME and HTF Request for Proposals

2020 HOME & HTF Guidelines (361.5 KB)
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2020 HOME & HTF Pre Application (2.0 MB)
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2020 HOME & HTF RFP (4/2/2020) (415.3 KB)
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Section 3 Forms

3.28a Certificate Of Section 3 (780.3 KB)
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3.28b Section 3 Plan Of Action (765.1 KB)
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3.28c Proposed Contract Breakdown (888.9 KB)
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3.28d Estimated Project Workforce Breakdown (1.5 MB)
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3.28e Existing Employee List (780.0 KB)
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Section 3 Instructions For Procedural Guide (169.9 KB)
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Section 3 Procedures (1.7 MB)
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Section 3 Summary Report (1.1 MB)
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HTF Program Commitments

2017 NHTF Commitments (47.8 KB)
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2018 NHTF Commitments (46.9 KB)
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Relocation Guidelines

Relocation Assistance Policy

Relocation Draft Handbook

Real Estate Acquisition and Relocation

HUD Exchange-Laws and Regulations

Section 3 Business Registry

Additional Information

HOME Program Regulations 

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.

Multifamily Lending Policy Aug. 2018

Underwriting And Subsidy Layering Guidelines Revised March 2020