§31-18-18. Tax exemption.
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 fund. 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 transfers, sales taxes, real property taxes and business
and occupation taxes.