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The West Virginia Homeowners Rescue Program is CLOSED to all new claims and applications. Visit www.wvhomeresuce.com for more information. You may check the status of your application by logging into the application portal. 

The West Virginia Housing Development Fund Audit Committee will meet at 8 a.m. Wednesday, June 26. Click here for the agenda. The West Virginia Housing Development Fund Board of Directors will meet at 9 a.m. Wednesday, June 26. Click here for the agenda.

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Links to external websites are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by the West Virginia Housing Development Fund of any of the products, services or opinions of the corporation or organization or individual. The Fund bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links.

Rates mentioned in news posts may not reflect current rates.

Board of Directors Meeting Invitation and Agenda

Links to external websites are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by the West Virginia Housing Development Fund of any of the products, services or opinions of the corporation or organization or individual. The Fund bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links.

Rates mentioned in news posts may not reflect current rates.

West Virginia Housing Development Fund
Board of Directors Meeting

Regular Meeting

9 a.m. Wednesday, June 26, 2024

2nd Floor Boardroom, 5710 MacCorkle Avenue SE, Charleston

By Phone: +1 309 205 3325 US
Meeting ID: 886 1577 2235
Passcode: 903256

I. MINUTES

Approval of Minutes of the May 30, 2024 meeting

II. FINANCIAL REPORTS

Financial Statements and Delinquency Report for the Period Ended May 31, 2024

III. FISCAL YEAR 2025 OPERATING BUDGET

Consideration of the FY 2025 Operating Budget

IV. FISCAL YEAR 2025 RECOMMENDED FUNDING ALLOCATIONS

Consideration of FY 2025 Program Funding Allocation

V. FISCAL YEAR 2025 PROJECTION OF REVENUE AND EXPENSES

2025 Projection of Revenue and Expenses

VI. BOND INDUCEMENT RESOLUTION

Consideration of a Bond Inducement Resolution for Conduit Financing of up to $9,000,000 for Dunbar Towers Apartments

VII. BOND AUTHORIZING RESOLUTION

Consideration of Bond Authorizing Resolution for Conduit Financing of up to $10,000,000 for Five Points, LLC

VIII. MULTIFAMILY PROJECT

1. Consideration of a Multifamily Construction Loan for Five Points, LLC

2. Consideration of an ERA2 Loan for Five Points, LLC

3. Consideration of a Multifamily Permanent Loan for Five Points LLC

IX. MULTIFAMILY PROJECT

1. Consideration of a Multifamily Loan Program Construction Loan for Union Place

2. Consideration of a HOME Program Loan for Union Place

X. VETERANS MORTGAGE PROGRAM

Consideration of Legislative Rules for the West Virginia Veterans’ Home Loan Program

XI. ADJOURNMENT

Any person desiring to address the Board via telephone must register with Lori Ryan at (304) 391-8637 or no later than 10 minutes prior to the start of the meeting. Any person desiring to address the Board in person must register on the sign-up sheet provided in the Boardroom no later than 10 minutes prior to the start of the meeting. Pursuant to Article III, Section 8 of the West Virginia Housing Development Fund Bylaws, all persons desiring to address the Board shall limit their comments to five minutes each unless otherwise agreed to by the Board.

Remaining 2024 Board Meetings: 

July 24, 2024
August 28, 2024
September 25, 2024
October 23, 2024
November 20, 2024
December 18, 2024

Meetings are on the fourth Wednesday of the month, with the exception of November and December, and begin at 9 a.m. Please see the agenda for call-in information.