HOME Investment Partnerships Program (HOME)
Forecasted
HOME Investment Partnerships Program (HOME) supports West Virginia communities and housing development organizations, funding affordable rental housing to expand its supply and strengthen local capacity.
Funder: West Virginia Housing Development Fund
Due Dates (Anticipated): August 2027 (Annual NOFA application deadline)
Funding Amounts: HOME funding subject to maximum per-unit subsidy limits
Summary: HOME supports affordable rental housing and strengthens community-based housing development organizations in West Virginia.
Key Information: HOME-funded properties are subject to HUD rent and income limits.
Description
The HOME Investment Partnerships Program is a federal housing program administered by the West Virginia Housing Development Fund (WVHDF). It aims to increase the supply of affordable rental housing, support communities in providing affordable housing, and expand the capacity of community-based housing development organizations. Its priorities combine housing development with strengthening the organizations involved in delivering affordable housing.
WVHDF provides program guidelines, Community Housing Development Organization (CHDO) certification resources, and asset management materials for HOME property owners. These resources address tenant income certification, rent adjustments, inspections, rental project setup and completion, and property management. The program also provides information on environmental compliance, relocation, Section 3, and the Buy America preference that applies to some HOME-funded projects.
