Homeownership Interest Rate for July 25, 2017:
4.00% (APR: 4.480%)

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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...
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...

Fund Employees Complete Community Development Training

Outreach seminar sponsored by BB&T

 

For more information contact Communication Manager George Gannon at 304.391.8643

 

Marlo Long, left, Vice President/Community Development Specialist with BB&T, and David Trevisanim, Director of National Development Council.  The West Virginia Housing Development Fund, West Virginia’s affordable mortgage leader, hosted a training session conducted by the National Development Council. The session, which was sponsored by BB&T, allows Fund staff to better leverage available resources for community development projects.

One of West Virginia’s most pressing needs is the development of safe, affordable housing. Often, progression on this front means working with stakeholders from a number of different sectors, including non-profits, banks, lenders, government agencies and community development organizations. 

 

To better understand this process and determine best practices, the West Virginia Housing Development Fund recently hosted a multi-day training session conducted by the National Development Council.  The training was generously sponsored by BB&T.

 

“This training gives our staff and housing partners a better understanding of how we leverage resources from a number of different areas and how we can better coordinate our efforts with others from across the housing industry,”  said Erica Boggess, the Fund’s Acting Executive Director. “BB&T truly stepped up and made this course possible.”

 

The NDC Housing Development Finance Professional  Certification Program is a four-course training program that explores the development process, financial analysis techniques and structuring and negotiating skills needed to successfully develop and finance affordable home ownership and rental housing development.  

 

Skills are taught within the context of case studies based on actual affordable housing development deals. Topics covered in the HDFP Certification Program were:

  • Understanding the housing development process
  • Financial analysis techniques
  • Deal Structuring – putting together the financing and other components of a project
  • Negotiating – the skills needed to bring the components together

 

In addition to a number of Fund staffers, a number of housing leaders from across the region attended the training.

 

“We can help the most people by bringing everyone to the table and embracing ideas from a number of different places,” Boggess said. “This training gives us and our partners some time-tested methods proven to work and, most importantly, increase the state’s supply of affordable housing.”

 

The Fund would like to congratulate those who successfully attained the certification: Alice Carver, Beth Blankenship, Steve Fisher, Teresa Sarver, Megan Howard, Cathy Colby, Misty Sheck, Donna Martino, Darlene King and Marlena Mullins (West Virginia Affordable Housing Trust). 

The West Virginia Housing Development Fund, West Virginia’s affordable mortgage leader, hosted a training session conducted by the National Development Council. The session, which was sponsored by BB&T, allows Fund staff to better leverage available resources for community development projects.

(Back row, left to right: Steve Fisher, Marlena Mullins, Darlene King, Zack Elliot, Chris Bontoft & Cathy Colby
Middle row, left to right: Marlo Long, Donna Martino, Misty Sheck, Niki Rowe-Fortner, Landen Burcham & Beth Blankenship
Front row, left to right: Megan Howard, Debra Payne, Teresa Sarver & Alice Carver)
Top right - Marlo Long and David Trevisani

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.