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The Official Website of the State of West Virginia

Franklin designated a BUILD WV district

8/30/2023

Incentives designed to encourage more housing development are available in and around Franklin, the county seat of Pendleton County, after the area was designated a West Virginia BUILD District by the state Economic Development office last week.


In June, the Pendleton County Economic & Community Development Authority (PCECDA) submitted an application to the state Economic Development office and after being approved by three cabinet secretaries including Secretary Mitch Carmicheal, Department of Economic Development, Secretary James Bailey, Department of Commerce, and Secretary Chelsea Ruby, Department of Tourism, Franklin received official designation as the state’s seventh BUILD WV community.

Qualifying projects will be eligible to receive a sales and use tax exemption for building materials and a 10-year property value adjustment refundable tax credit to offset building costs. The incentives were created under the BUILD WV Act passed by the Legislature in 2022.

Read more:
https://pendletoncounty.com/franklin-designated-a-build-wv-district/​