The HOME Rental Program has been designed to provide HOME funds to private and nonprofit owners and developers of low-income rental housing units.  The HOME Rental Program provides low-interest rate loans to eligible housing developers for the acquisition, rehabilitation, and/or new construction of multifamily housing. The HOME Rental Program loan may be the primary source of financing or may bridge the gap between the developer’s primary financing and the total development costs.  The rates and terms of the loans are established during the underwriting and review of the final proposal.  The minimum term of the HOME Rental loan is 15 years for rehabilitation and 20 years for new construction.

In 2017, the WVHDF committed $2,406,225 to finance the acquisition and new construction of three affordable housing multifamily residential projects, which contain 19 total HOME units, under the HOME Rental Program.

For more information on the HOME Program, please contact Cathy Colby

HOME and HTF Request for Proposals

2018 HOME & HTF Guidelines (283.0 KB)
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2018 HOME & HTF Pre Application (36.1 KB)
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2018 HOME & HTF RFP (457.5 KB)
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HOME Program

Census Tract By WV Counties (29.7 KB)
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HOME Management Handbook (12.1 MB)
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Relocation Assistance Policy (139.7 KB)
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Home Program Regulations

FFATA 

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.

Multi-Family Lending Policies

Our guide to promoting a condition in which individuals of similar income levels in the same housing market area have available to them a like range of choices in housing regardless of race, religion, color, national origin, sex, disability or familial status.

Affirmative Fair Housing Marketing

HOME Rental Forms

Builder’s Warranty HOME Rental (357.3 KB)
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FFATA Form (15.0 KB)
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Form 300: Tenant Income Certification (238.6 KB)
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Form 601: Request For Rent Adjustment (275.4 KB)
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HOME Management Plan (151.0 KB)
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Minority Business Enterprise Report (MBE)/Women Business Enterprise Report (WBE) (140.7 KB)
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Rental Set Up And Completion Form (280.6 KB)
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Resident Selection Plan Including Student Rule (130.0 KB)
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Waiver Of Liens HOME Rental (357.4 KB)
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WV County Codes (12.0 KB)
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Davis-Bacon Forms

Section 3 Forms

SECTION 3 DEFINITIONS (84.1 KB)
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Section 3 FAQs Contractors Submit To Agency (196.0 KB)
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Section 3 Procedures (2.8 MB)
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Understanding Preferences (104.3 KB)
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Environmental Forms and Information

Environmental Compliance Guidebook & Forms 1 1 2018 (4.1 MB)
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HOME & HTF Limits

2018 WV HOME & HTF Maximum Per Unit Subsidy Limits (Effective 2018 07 18) (70.7 KB)
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2018 WV HOME Homeownership Value Limits (Effective 2018 04 01) (88.4 KB)
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2018 WV HOME Income Limits (Effective 2018 06 01) (139.9 KB)
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2018 WV HOME Rent Limits (Effective 2018 06 01) (579.1 KB)
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2018 WV HTF Income Limits (Effective 2018 06 01) (134.4 KB)
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2018 WV HTF Rent Limits (Effective 2018 06 01) (620.4 KB)
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HOME Match Information from 24 CFR 92

Underwriting and Subsidy Layering Guidelines 2018