The Legislature created the Affordable Housing Fund in 2001 to provide funding for both technical assistance and housing assistance to non-profits and government entities and to encourage stronger partnerships, collaboration and greater involvement of local communities in meeting housing needs in West Virginia. The Affordable Housing Fund receives a $20 transfer fee from residential real estate transfers and the sale of manufactured homes. This fee is solely for the benefit of governments, 501c3 non-profits and public housing authorities. The Fund began administering this program in June 2018. The AHFP is designed to provide financial assistance to eligible organizations which focus on providing and preserving affordable housing in West Virginia.
West Virginia Housing Development Fund
      
      
            West Virginia
      
      
            Funding Source
              Dedicated funding stream - Real estate transfer tax
          Program Status
              Active
          Contact
              Darlene King
West Virginia Housing Development Fund
[email protected]
304-391-8673
          How Provided?
              Development loans
          Program Type
          
      Income Eligibility Threshold
          
      Info Source
              NLIHC internet research
          Last Updated
              7/25/23 13:19