Homeownership Interest Rate for April 21, 2017:
4.25% (APR: 4.742%)

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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...
June 23, 2016
CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income...




  • Multi-Family Lending Policy  - Part of the West Virginia Housing Development Fund’s mission is to provide financing for affordable housing, including residential rental housing. To offer guidance and direction, we have put together a detailed manual to help developers understand our policies and procedures relating to portfolio diversification, related parties and eligible participants. 
  • New Construction Financing Program - Encourages builders to construct and market single family homes.

  • West Virginia Property Rescue Initiative - Provides cities and counties with resources to acquire and remove dilapidated properties from their communities.

  • Rebuild West Virginia - An affordable loan initiative to help those whose homes were damaged or destroyed by high water.

  • The HOME Program - The primary objective of the HOME program is to expand the supply of decent, safe, sanitary and affordable housing, primarily rental housing; to strengthen the abilities of state and local governments to provide housing; to ensure that federal housing services, financing, and other investments are provided to state and local governments in a coordinated, supportive fashion; to expand the capacity of nonprofit community-based housing development organizations; and to leverage private sector participation in financing affordable housing.

  • Land Development Program  - Provides low, fixed-rate interest loans to builders and developers to buy land and install infrastructure improvements to create buildable subdivision lots and commercial developments.

  • Leveraged Loan Program - Provides construction and/or permanent financing for new multifamily rental developments or those requiring acquisition and rehabilitation.

  • Low-Income Housing Tax Credit Program (LIHTCP) - Generates low-income residential rental units by encouraging private investment through federal tax credits.

  • Mini-Mod Rehab Program  - Provides landlords affordable financing to renovate existing apartment units.

  • On-Site Septic Systems Loan Program - This program is designed to help eligible households repair or replace on-site septic systems or connect to a public treatment system.
  • Special Assistance Lending Program (SALP) - A multi-purpose finance program designed to provide financial assistance to organizations engaged in the development and operation of programs and properties to improve housing opportunities and promote the general welfare of low-income and special needs populations. SALP funding will now be awarded on an RFP basis.  (Update - Please noteSALP funding has been committed through 2017 to help address disaster recovery efforts across West Virginia. SALP applications are not being accepted at this time and no new applications will be taken until further notice.)

  • National Housing Trust Fund Program -  A federal program administered by the Fund to increase and preserve the supply of decent, safe, sanitary and affordable housing, with primary attention to rental housing for extremely low-income and very low-income households, including homeless families.

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.