News

CHARLESTON, W.VA.— The West Virginia Housing Development Fund, in partnership with the Federal Home Loan Bank of Pittsburgh (FHLBank), announced today more than $1 million in funding to address homelessness across West Virginia.

These funds, totaling $1,050,000, will be distributed to continuums of care throughout the state through FHLBank’s Home4Good program. Recipients will use the money to fund emergency housing, rapid re-housing, and housing stability programs; transitional housing for youth; wraparound care services; administrative costs; and... Continue Reading

CHARLESTON, W.VA.— The West Virginia Housing Development Fund has financed nearly $90 million in new mortgage loans since July, thanks in large part to our competitive interest rates.

Our flagship Homeownership Program loaned just over $80 million, including $28 million in October alone, to 411 first-time West Virginia home buyers, helping them achieve the dream of homeownership. In total, the Fund has loaned nearly $90 million through all our mortgage programs. These figures more than double year-over-year production... Continue Reading

Thirteen-year-old Danielle Lilly is excited to spend the holidays in her new home.

That’s because this holiday season will be unlike the rest. She, her dad, and her grandfather will celebrate Thanksgiving and Christmas in their new home located in the Guyandotte neighborhood of Huntington. Gone are the days of renting a new place every couple of years. Now, thanks to Habitat for Humanity of the Tri-State and despite COVID-related setbacks, the Meadows and Lilly family are homeowners.

... Continue Reading

Ahead of two retirements, the West Virginia Housing Development Fund announces changes in two key leadership positions. 

Nathan Testman has been promoted to Deputy Director of Production. Testman has been with the Fund for seven years, most recently serving as the Senior Division Manager of Multifamily Lending. In his new role, Testman will oversee all production programs within the Multifamily and Single-Family divisions, as well as Section 8 and Asset Management. Scott Smith, who joined the Fund in July, will... Continue Reading

The West Virginia Housing Development Fund is pleased to present the FY2023 Annual Report. 

This year’s report looks a little different. Rather than publishing a PDF to our website, we decided to take advantage of today’s technology and create a more dynamic, web-based report. The FY2023 Annual Report, located here, contains testimonials from satisfied customers, information on our single- and multifamily programs, our financial reports, and more.

We are pleased with how... Continue Reading