The West Virginia Housing Development Fund Please released the following reminders for 2022 nine percent LIHTC pre-applications forms, which are due on April 15.  

  1. The Pre-Registration form contains several dropdown lists, which must be utilized. Be certain to fill this form out in Excel. Do not handwrite. We highly prefer that the document be submitted in Excel format, not in scanned/pdf format. 
  2. The Pre-Registration form must be completed for each property an applicant intends to apply for Credits in 2022, regardless of whether the Credits are requested from the State Housing Credit Ceiling or outside (Tax-Exempt Bond Financed Properties). If a Pre-Registration form is not submitted by the specified dates or timeframes listed in Exhibit A of the 2021 and 2022 Tax Credit Manual, such property will not be eligible to apply for Credits in 2022. 
  3. There is a limitation on the number of Pre-Registration forms that can be submitted for any developer or owner. See pages 37-38 of the 2021 and 2022 Tax Credit Manual for details.   
    a. If a developer or General Partner goes over the number requested, the Fund will not accept those subsequently submitted Pre-Registration forms. 
    b. Be especially careful when partnering with other persons or entities as co-developers or co-general partners to ensure that the limit is not exceeded. 
    c. Due diligence should be taken when partnering with other persons or entities as co-developers or co-general partners.     
    d. All planned General Partners, co-developers and consultants must be listed on the Pre-Registration form. Note: do not list all Principals of these participants listed – only the entity, if applicable, and a contact person for the entity.