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

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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 Helps Finance Environmentally-Sustainable Rental Units

Acting Executive Director hopes project will be emulated across West Virginia

For more information, contact Erica Boggess at 304.391.8637

ELKINS – Solar powered hot-water heaters. Locally-sourced wood products. A rain garden.
Those are just some of the features of the Porter Triplex, a LEED-for-Homes energy efficient multi-family housing unit financed through the West Virginia Housing Development Fund’s HOME Program.

“The Porter Triplex is not only a wonderful project, it will be a great home to three families,” said Erica Boggess, the Fund’s Acting Executive Director. “We’re proud to partner with everyone who made this happen and we hope this kind of sustainable, environmentally-conscious construction will serve as a model for all of West Virginia.”

Boggess, who spoke at a recent ribbon-cutting ceremony and open house for the cozy, three-unit apartment at the corner of Porter Avenue and Central Street, noted that the Fund would like to duplicate projects like the Porter Triplex throughout the State.

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. The property also features a rain garden, which is a system that collects rain water and filters it before sending into the nearby Tygart River. The building also earned the LEED Homes Gold Rating, a third-party rating system issued by the U.S Green Building Council. The council promotes the design and construction of high-performance green homes and certifies their environmental standing.

The total cost of the project was $471,298. Through its HOME program, the Fund committed $399,320. Funding also came from Davis and Elkins College, The West Virginia Department of Environmental Protection, Woodlands Development Group and the Randolph County Affordable Housing and Development Group.

The project, which has been in the works since 2007, was designed and constructed by Woodlands Development and The Highland Community Builders. Project managers estimated that yearly energy savings would amount to $1,400 per unit.

A number of dignitaries spoke at the ceremony, including keynote speak Congresswoman Shelly Moore-Capito, R – W.Va. 

 

The Porter Triplex, West Virginia Housing Development Fund, LEED, Elkins, Erica Boggess, Green Building

(Clockwise from the top: The Porter Triplex; Dave Clark, executive director of Woodlands Development Group and Erica Boggess, Acting Executive Director of the WVHDF; The Porter Triplex; rain garden information; Martin Ave & Central Street; the building’s HERS index; a unit’s washer, dryer and solar-powered hot water tank; The Porter Triplex.)

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.