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 Program Helps Transitional Housing Facility

Morgantown organization assisting those in need for two decades

For more information, Contact Erica Boggess at 304.391.8637

MORGANTOWN, W.Va. - 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.

The development will include 16 one-bedroom apartments, four two-bedroom apartments, a dining room and many of the amenities found in a typical home. The WVHDF provided a zero percent, 20-year loan in the amount of $2,200,000 through its HOMErent Program.  The loan will be forgiven as long as Bartlett House, Inc. develops and operates the project and leases the units to HOME-eligible people and families.

Erica Boggess, the Fund’s Acting Executive Director, attended the facility’s open house and ribbon-cutting ceremony. 

“This is a great organization and we’re proud to help them further their mission.  Homelessness is a growing problem in West Virginia and across the country,” Boggess said. “Bartlett House helps break the cycle and empowers their clients to make a better life for themselves. They’re making a real difference in their community and we’re excited about this dynamic and vibrant partnership.”

Keri DeMasi, Executive Director of Barlett House, said the new facility helps them better serve those who have been displaced or fallen victim to tough economic times.

“More and more, we are now seeing victims of a sluggish economy.  These are not your traditional homeless,” DeMasi said. “Many are entire families, some who have never used any social services before. Our West Run Road location will give them a place to call home during what we all know is a very difficult time.” 

Megan Howard, the Fund’s Senior HOME Housing Representative, along with many other in the Fund’s Clarksburg office, helped Bartlett House officials understand the HOMErent Program and what they needed to do to obtain the funding.

“This has been a long process, but I think Keri’s passion is what brought us along and I’m glad we could see this through. Access to safe, affordable housing does not stop at homeowners,” Howard said.

The event was sponsored by Clear Mountain Bank, one of the Fund’s lending partners in North Central West Virginia.

 

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.