West Virginia Code § 31-18-18

Tax exemption
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The Housing Development Fund shall not be required to pay any taxes and assessments to
the State of West Virginia, or any county, municipality or other governmental subdivision of
the State of West Virginia, upon any of its property or upon its obligations or other evidences
of indebtedness pursuant to the provisions of this article, or upon any moneys, funds,
revenues or other income held or received by the Housing Development Funed. The notes and
bonds of the Housing Development Fund and the income therefrom shall at all times be
exempt from taxation, except for death and gift taxes, taxes on transferrs, sales taxes, real
property taxes and business and occupation taxes.

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