Homeownership Interest Rate for January 17, 2018:
4.00% (APR: 4.480%)

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December 6, 2017
RIPLEY – The West Virginia Housing Development Fund recently celebrated the dedication of Elizabeth Way Apartments.     Erica...
November 27, 2017
Fund Remains Only Housing Finance Agency with “AAA” Distinction   Standard & Poor’s Rating Service has once again affirmed West...
August 16, 2017
The West Virginia Housing Development Fund is proud to announce the promotion of two long-time employees.   Crystal Toney will be...
August 9, 2017
CROSS LANES – As of Monday, there is one less blighted, dangerous building in Kanawha County.   It took about 20 minutes for a large...
June 1, 2017
Most know the West Virginia Housing Development Fund through our home-buying programs. One in 10 West Virginia homebuyers have entrusted us...
April 25, 2017
The West Virginia Housing Development Fund’s Board of Directors has approved a loan to the Kanawha County Commission to help take down...
April 18, 2017
  Erica L. Boggess has been named Executive Director of the West Virginia Housing Development Fund.     Boggess, who has...
March 30, 2017
A message to our customers:   Here at the Fund, we are proud of what we do. We are honored by the fact that so many West Virginians...
February 14, 2017
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of...
January 26, 2017
  The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt...

News Room

If you are member of the media and have a question about the West Virginia Housing Development Fund or one of its many programs, please contact Communications George Gannon at (304) 391-8643.


If you would like to file a Freedom of Information Act request, please click here



West Virginia Statewide Housing Needs Assessment




9/16/14 - Mercer County Woman Celebrates New Home


Blankenship filed the proper paperwork and received financing through First Community Bank. She’s been in the home for several weeks, and she still cannot believe her good fortune. 


8/11/14 - Fund Helps Revitalize Southern W.Va. Community 


Westbridge Gardens, the nine-unit, five-building housing development, features contemporary, practical designs. Each apartment has a fully equipped kitchen, laundry hook ups, roomy living areas and bedrooms and spacious bathrooms. 


4/25/14Fund Sponsors Fair-Housing Themed Poster Contest



The poster contest is part of the West Virginia Human Rights Commission 2014 Fair Housing Conference. Schools from across the Charleston area were asked for submissions. 


2/28/14 - Fund Helps Developers Transform Old School into Gleaming Apartments


Glenwood at Luna Park was formerly the Glenwood Elementary School. Classes were held in the building from 1922 until 2011



1/31/14 - Fund Promotes Longtime Employees


Patti Shamblin has been promoted to Managing Director of Loan Originations and Cathy Colby will now serve as Managing Director for the HOME Program. Both have served the organization in countless ways during the employment with the Fund. 


1/17/14 - Residents Find Sense of Community in Huntington Housing Development 

 The buildings were originally built in the early 1980s, but underwent serious and substantial renovations after new owners, Founder’s Landing Limited Partnership, took over the property in 2011.

11/19/13 - Fund Unveils Home Built Using CASH Program

The house was built by Bridgeport-based McDonald Construction and is part of a cozy new development on Lucretia Court, just outside of the city’s downtown area. 

11/13/13 - Fund to Help Transform Old School into Apartments for Seniors

The complex, which is expected to be completed in about a year, will eventually have 18 one-bedroom apartments and a senior center on the lower floor.



9/11/13 - Fund Program Helps Huntington Mother Buy First Home 

Tiffany Bajus worked diligently with her mortgage loan officer at Huntington Bank. They decided her best option was a Homeownership Program Loan through the West Virginia Housing Development Fund. 

5/21/13 - Fund Hosts Fair Housing Training Session for Developers 

The West Virginia Housing Development Fund recently hosted a training session for housing and construction industry officials interested in learning more about fair housing and what it takes to develop units for disabled renters and occupants. 

5/2/13 - Fund Makes Mortgage Loan Program More Accessible

Under the old requirements, buyers had to make less than a predetermined annual income and . income limits varied from county to county. With the new plan, income limits have not only increased significantly, but are now the same in each county. The new limits are set at $108,960 for a one or two person household and $127,120 for a household of more than three. 

4/16/2013 - Fund Updates Fair Housing and Marketing Plan

The guide offers an overview about the Fund’s best practices in terms of attracting buyers and renters regardless of race, religion, color, national origin, sex, disability and familial status. It also offers tip sheets, copies of necessary federal forms and other resources. 

3/18/2013 - Fund Names New Chairman of Industry Outreach Committee

Moat has been working in the mortgage lending industry for more than a decade. He’s been with Huntington for two years and has a unique understanding of the market in that area of the state. Boggess also noted his work with the real estate community, citing his long-standing affiliation with the Education Committee for the Parkersburg Area Association of Realtors.

1/24/2013 - Fund Launches Movin' Up Lending Program

The new Movin’ Up Loan Program isn't just for first time homebuyers. The program makes it easier for homeowners who may have outgrown their current homes to move up to a larger home or move on to a home of greater value by incorporating down payment and closing cost assistance into the loan package.


11/1/2012 - West Virginia Housing Development Fund Installs Payment Drop Box

10/10/2012 - WVHDF Funds McDowell County Housing Development

James Jones is looking forward to the upcoming holiday season. For the first time in his entire life, the War resident will welcome his children and grandchildren into his house to celebrate Thanksgiving and Christmas. After years of living with others or staying in rental units, Jones finally has a home of his own.

“I’m just so excited,” said the retired grocery store manager of his brand new, three bedroom and two-bath home on Curtis Lane. “This just means so much to me.” 

9/21/2012 -  Pictorial History of Fund NSP Project

The Neighborhood Stabilization Program, a federally-funded initiative developed to purchase, remodel and resell foreclosed and abandoned homes, the West Virginia Housing Development Fund and the West Virginia Development Officer were able to tear down dangerous, abandoned eyesores and transform them into two beautiful single-family residences. We partnered with The Huntington West Virginia Housing Authority to complete this fantastic project. This following is a pictorial history of a project in Huntington to rehab a property. Through the dedicated work of all involved, a West Virginia family will now have access to a safe, affordable and energy efficient home. Too see the slide show, click here. 

9/5/2012Fund Hosts Information Session for North Carolina Housing Executives

North Carolina Housing Finance Agency managers were in town to learn more about the Fund’s Secondary Market Loan Program. While most West Virginians are familiar with the Fund because of its Bond Program, which is geared toward helping first-time home buyers, the WVHDF has a number of mortgage programs.  

8/28/2012Fund Helps Finance Environmentally-Sustainable Rental Units

Each unit in the 2860-square foot building features a solar hot water heating system, Energy-Star rated appliances, interior and exterior construction products that contain little or no volatile organic compounds, locally-sourced interior wood trim, stairs and finishes, locally-sourced framing materials, high efficiency heating and cooling units, a 30-year roof and recycled drywall. 

8/23/2012 - Fund-Financed LEED-Certified Apartment Building Featured in Elkins Newspaper

Capito praises new triplex at ribbon-cutting ceremony - The InterMountain

7/27/2012Fund Re-Introduces Program to Help Homebuilders

Developed as a builder’s incentive program, CASH provides that the Fund will agree to purchase qualifying homes from qualified builders at a determined percentage of its final appraised value if the builder is unable to sell the house during a defined marketing period. 

7/11/2012 - Fund Program Helps Senior Housing Agency

The two-story complex sits atop a hillside just a few blocks from downtown Terra Alta. Charming and quaint, the building resembles a ski lodge or mountain retreat and offers residents a breathtaking view of the scenic vistas of Preston County.  Bus service is also available. 

6/29/2012 - Apartment Building Fund Helped Finance Featured on Clarksburg T.V. Station 

Park Side Apartments Now Open in Terra Alta - WBOY

5/7/2012Fund Program Helps Transitional Housing Agency

The West Virginia Housing Development Fund is honored to partner with Barlett House on their new West Run Project. The facility, which is located at 10 West Run Road, will help homeless families and individuals get back on their feet by providing them with safe, affordable housing. 

4/30/2012 - Fund's Former Office For Sale 

4/24/2012Fund Honored for Excellence in Accounting

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the West Virginia Housing Development Fund by the Government Finance Officers Association of the United States and Canada (GFOA). 

4/19/2012 - Architects Who Designed Fund Office Honored

The West Virginia Housing Development Fund’s new office in Charleston has been recognized by the West Virginia Chapter of the American Institute of Architects with the 2012 Honor Award for Excellence in Architecture. 

4/16/2012 - Erica Boggess, the Fund's Acting Executive Director, was a featured guest on this weekend's edition of Decision Makers, a statewide news and public affairs talk show. Click here to see the show

4/16/2012 - Fund's Award-Winning Building Featured in Charleston Gazette. Congratulations to ZMM Architects & Engineers.

ZMM Architects & Engineers, the designers of the West Virginia Housing Development Fund's new office, received the 2012 award for Excellence in Architecture from the West Virginia Chapter of the American Institute of Architects for their work on our new home. 

4/3/2012 - Fund Offers Incredibly Low Interest Rate on 30-Year Fixed Mortgage

There has never been a better time to purchase a home in West Virginia. The West Virginia Housing Development Fund is providing qualifying families a 30-year fixed rate loan at 3.25%.  Down payment and closing cost assistance loans are also available for those who qualify.

3/29/2012 - Fund Partner Named to Top Post for Community Bankers

William A. Loving, Jr., CEO of Pendelton Community Bank, a long-time correspondent lender with the Fund, was recently announced as chairman-elect of the Independent Community Bankers of America. 

3/26/2012Fund Welcomes Healthy Living Chef for Cooking Demonstration

Some would say that eating healthy means choking down bland, boring food and sacrificing taste and flavor. Chef April Hamilton is slicing and dicing that tired notion one delicious meal at a time. Hamilton, who is based in Charleston, recently demonstrated her cooking skills during a Lunch n Learn session sponsored by the West Virginia Housing Development Fund’s Wellness Committee.

3/16/2012Local Marketing Firm Wins Prestigious Award for Fund Commercial

Congratulations to our partners at The Manahan Group on thier bronze Telly Award. 

3/5/2012 - Fund Hosts Training for Lending Partners

Mortgage lenders from banking and lending institutions across West Virginia recently attended a new lender training session hosted by the West Virginia Housing Development Fund. The focus of the training was to familiarize attendees with the Fund’s single-family lending programs and how those programs can help their client purchase a home.

2/28/2012W.Va. Cities Named Among Best in US housing Market 

10/24/2011 - United Bank Officer Named Chair of Fund Outreach Committee

The West Virginia Housing Development Fund is excited to announce that Melea Brotherton of United Bank has been named chairwoman of the Fund’s Southern West Virginia AdHoc Committee. 

10/12/2011 - West Virginia Has Country's Highest Rate of Homeownership

 States with the higest (and lowest) homeownership - MSN.com

9/26/2011 - Media Release - Federal Regulations Focus of Fund Training Session for Non-Profit Housing Agencies

The West Virginia Housing Development Fund recently hosted a training session for non-profit community-based housing development organizations. The purpose behind the session was to make certain that these organizations are in compliance with The Fair Housing Act. 

9/22/2011 - Fund's New Interest Rate Featured in Charleston Newspaper

  W.Va. home loan rates at historic low - The Charleston Daily Mail

9/20/2011 - Media Release - Fund Offers Historically Low Interest Rate on 30-Year Fixed Mortgage

The West Virginia Housing Development Fund is providing qualifying families a 30-year fixed rate loan at 3.125%.  Zero percent down payment and closing cost assistance loans are also available for those who qualify. READ MORE

8/11/2011 - Fund's New Building Featured in Charleston Newspaper

   Office Continues its Big Move - The Charleston Daily Mail

8/10/2011 - Media ReleaseHousing Fund Moves into New Office

On Wednesday August 10, 2011, the West Virginia Housing Development Fund opened its new offices in the Kanawha City neighborhood of Charleston. The two-story, brick and glass structure, which is located at 5710 MacCorkle Ave., S.E., is a newly constructed, state-of-the-art building that will accommodate the Fund for generations, according to Fund Executive Director Joe Hatfield. 

5/18/2011 - Fund Project Featured in Beckley, W.Va newspaper and on WVNS-TV.

  Duplexes to replace old hospital in Rainelle   - The Beckley Register-Herald

  Greenbrier County town demolishes old hospital - WVNS-TV

5/17/2011 - Media Release - Standard & Poor's Affirms Fund's "AAA" Bond Credit Rating

Once again, Standard & Poor’s Rating Service has affirmed the West Virginia Housing Development Fund’s “AAA” general credit rating. The “AAA” rating  is the highest rating issued by Standard & Poor’s and the Fund is the only state housing finance agency nationally to receive an “AAA” rating

5/5/2011 - Media Release - Fund Honors Agencies That Helped With Flood Recovery Efforts

The West Virginia Housing Development Fund honored a number of agencies and workers who have helped rebuild their communities following devastating flooding across a number of counties in southern West Virginia. Employees and volunteers with Catholics Charities of West Virginia , West Virginia Ministry of Advocacy and Workcamps and Covenant House attended the function, which was held at the Fifth Quarter Restaurant.

5/2/2011 - Advisory - Fund Resumes Correspondent Lender Program

4/29/2011 - Media Release - Fund Attends FHL Bank Seminar

Earlier this week, several West Virginia Housing Development Fund employees attended a public policy briefing and grant presentation  sponsored by the Federal Home Loan Bank (FHLB). The event focused on how the ongoing public policy debate in Washington could affect lending institutions and the housing industry. READ MORE

4/15/2011 - Media Release - Fund Recognizes State Top Loan Producers for 2010

The West Virginia Housing Development Fund would like to congratulate the State’s top producers for 2010. The Fund is recognizing these lenders for originating the most of WVHDF program loans. READ MORE

4/6/2011 - Media Release - Fund Representative Attends Realtor Functions in Southern West Virginia 

Recently, a representative from the West Virginia Housing Development Fund’s Loan Origination Department attended two Realtor functions in Southern West Virginia. READ MORE

4/5/2011 - Fund Featured in West Virginia Banker magazine

At the end of the day, we all want one thing - to make certain our customers are able to purchase the home of their dreams." READ MORE

3/21/2011 - Media Release - Housing Fund Sponsors Statewide Academic Competition

The West Virginia Housing Development Fund was honored to sponsor the Gazette-Mail Regional Spelling Bee. The event was held Saturday, March 12, 2011 at South Charleston High School. READ MORE

3/21/2011 - West Virginia Family Featured in National Housing Campaign

“Our new home is big and everyone has their own space, but it’s just so much better for our kids and that’s all that matters,” Belinda Bailey said. “It’s wonderful. It’s just such a blessing to us. We don’t have to worry if our children will be cold.”

3/15/2011 - Media Release - Fund Executive Staff Meets With Sen. Rockefeller's Office

Members of the West Virginia Housing Development Fund’s executive staff recently participated in a conference call with representatives from the office of Sen. Jay Rockefeller, D – West Virginia. READ MORE

3/14/2011 - Media Release - WVHDF Hosts New Lender Training

The West Virginia Housing Development Fund recently hosted a training session to familiarize lenders from across the state with Fund programs. The goal of the day-long seminar was to explain and clarify the Single Family Mortgage Program and how lenders can utilize Fund programs to help those in the market for a new house. READ MORE


The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.