Homeownership Interest Rate for May 28, 2017:
4.25% (APR: 4.742%)

Header Menu

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...
December 21, 2016
  West Virginia’s natural beauty is truly unmatched.   Our citizens are among the brightest, hardest working and...
December 6, 2016
The West Virginia Housing Development Fund is proud to announce a new video designed to help our partners across the lending and banking...
October 6, 2016
          Standard & Poor’s Rating Service has once again affirmed West Virginia Housing...
August 25, 2016
  To assist those affected by flooding in towns and communities across our state, the West Virginia Housing Development Fund...
August 10, 2016
Borrowers can pay mortgage, check balance from smart phone or tablet    Now there’s an easy, secure way to access your...

Fund Attends FHL Bank Seminar

Grants awarded to affordable housing programs

For More Information, Contact Joe Hatfield 304.340.9998

CHARLESTON – 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.

The Federal Home Loan Banks are regional cooperatives owned by nearly 8,000 members, including community banks, credit unions, community development financial institutions and insurance companies. Wednesday’s forum was sponsored by the FHL Bank Pittsburgh.

“Staying current on public policy and legislative issues that affect the housing industry is vital for us to continue to help West Virginia families find safe, affordable homes,” stated Joe Hatfield, the Fund’s Executive Director. “The FHL does a great service by sponsoring forums like this.  By educating our employees about what’s happening in Washington, D.C., we can better serve not only those looking for homes, but all of our lending partners.”

Congresswoman Shelley Moore Capito, R – W.Va., delivered the keynote speech.  The veteran lawmaker and member of the House Financial Service Committee, which has jurisdiction over the nation’s housing and financial service sectors, discussed a number of issues. She touched on financial reform, government spending and how policy decisions in Washington affect citizens and families in the Mountain State.

Patti Shamblin, Loan Originations Manager for the Fund, said each speaker offered an interesting perspective on the issues and she can now use that information to better serve the Fund’s many partners.

“If we have a firm grasp on policy and regulatory issues, we are better prepared to help our lending partners, homebuyers and all the companies and organizations we work with,” Ms. Shamblin said. “When we field questions, we need to have answers and events like this are an important part of the process.”

Others speakers included Winthrop Watson, President and CEO of FHL Bank Pittsburgh; Peter Knight, Director of Government Relations for FHL Bank Pittsburgh; Lora Pierce, Executive Director of Habitat  for Humanity of West Virginia and Dr. George Hammond, the Associate Director for the Bureau of Business and Economic Research at West Virginia University. 

In addition to briefings, the FHL Bank made grant presentations to affording housing programs from across the state, including Algoma Apartments in Northfork, The Flats in Wheeling, The Healing Place of Huntington and other housing rehabilitations projects in Fayette, Greenbrier and Marion counties. 

 Congresswoman Shelley Moore Capito, R-W.Va., addresses the crowd at the FHL Bank Pittsburgh's policy forum.

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.