West Virginia Housing Development Fund Awards Financial Services Contract to Wc Cedar Glen Ii Limited Partnership (March 2026)

The Board approved a Multifamily Loan Program permanent loan of up to $3,000,000 to WC Cedar Glen II Limited Partnership to finance rehabilitation and permanent financing of the Cedar Glen II LIHTC project in Morgantown. The 40‑year loan carries a 6% fixed rate and will be secured by a first lien deed of trust and reserves, with anticipated HUD MRRSE share insurance.

Scope & details

The full contract record, as filed.

Contract amount

Up to $3,000,000

Contract type

FINANCIAL_SERVICES

Contract term

40 years

Renewal

Single 40‑year permanent loan term; no renewal provisions mentioned.

Document type

Minutes

Source document

West Virginia Housing Development Fund Minutes Regular Meeting 2026-03-25

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West Virginia Housing Development Fund Minutes Regular Meeting 2026-03-25

APPROVED

West Virginia Housing Development Fund, West VirginiaUp to $800,000Mar 25, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by West Virginia Housing Development Fund?

Wc Cedar Glen Ii Limited Partnership was awarded this financial services contract by West Virginia Housing Development Fund, as recorded on March 25, 2026. The contract value is Up to $3,000,000.

How much is the Wc Cedar Glen Ii Limited Partnership contract with West Virginia Housing Development Fund worth?

The Wc Cedar Glen Ii Limited Partnership contract with West Virginia Housing Development Fund is valued at Up to $3,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in West Virginia Housing Development Fund Minutes Regular Meeting 2026-03-25 (Minutes), dated March 25, 2026 from West Virginia Housing Development Fund. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wc Cedar Glen Ii Limited Partnership hold?

Wc Cedar Glen Ii Limited Partnership may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is West Virginia Housing Development Fund currently buying?

Explore West Virginia Housing Development Fund's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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