CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income residents turn their dreams of homeownership into a reality. Through a memorandum of understanding with Fahe, a Kentucky-based organization on a mission to eliminate persistent poverty in Appalachia, and the United States Department of Agriculture, we are now the country’s only state housing finance agency to offer the United States’ Department of Agriculture’s Section 502 Direct Loan... Continue Reading
Whitney Humphrey
Fund Publishes FY 2015 Annual Report
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2015 Annual Report. This is an important record of what we, as an agency, accomplished in Fiscal Year 2015. We tried to go beyond spreadsheet and numbers and truly illustrate how our programs help state residents. From transforming lives to transforming entire city blocks, the Fund has been, and always will be, a vital part of West Virginia.
A few highlights from this year’s report:
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Fund Celebrates Thirty Years of the Low-Income Housing Tax Credit Program
Program vital for West Virginia
CHARLESTON – The West Virginia Housing Development Fund is taking time in 2016 to celebrate 30 years of the Low-Income Housing Tax Credit Program (the “LIHTCP”).
Signed into law as part of the Tax Reform Act of 1986, the LIHTCP was enacted by Congress to provide the private market with an incentive to invest in affordable rental housing. The LIHTCP is currently the primary federal program for the production of affordable low-income residential rental... Continue Reading
A Message to Our Current Customers
Changes are coming!
At the West Virginia Housing Development Fund, we do all we can to make certain our customers come first. We are honored so many West Virginians and West Virginia families have decided to use our mortgage programs to turn their dreams of homeownership into a reality.
We do not take this commitment lightly and we work every day to make certain that those who have entrusted us with what is often their biggest investment have access to... Continue Reading
Fund Employee Recognized by West Virginia Homebuilders
Shamblin works with state chapter and local affiliate
Patti Shamblin, the Director of Loan Origination for the West Virginia Housing Development Fund, was recently honored by the state’s homebuilding community. Shamblin was named Associate of The Year for 2015 by both The Homebuilders Association of West Virginia and the Homebuilders Association of Greater Charleston.
Shamblin’s role with both organizations consists of volunteering, organization events, community outreach, government affairs, training and education.
Erica Boggess, the Fund’s Acting Executive Director, congratulated Shamblin... Continue Reading