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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.

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Young woman with brown hair wearing a white tank top and blue jeans stands on the front porch of her home with a blue front door in the background.

Fund makes homeownership possible for Parkersburg single mom

Marital status, income, and student loan debt are just a few of the reasons Angela Iafrate thought homeownership was out of reach. After years of renting and working to pay down her loans, owning a home was never really a goal.

“I didn’t think I could do it,” she said.

But in 2021, the federal government made it easier for Americans with student loan debt to qualify for federally-insured mortgages. That move opened a door for Iafrate she thought would... Continue Reading

NEWS RELEASE: WV Homeowners Rescue Program closed to new applications

CHARLESTON, W.VA.— After connecting 6,500 West Virginia households with more than $40 million in federal COVID relief funding, the West Virginia Homeowners Rescue Program has stopped accepting new applications.  

This emergency program, launched in March 2022, has helped homeowners across the state catch up on their housing costs by paying delinquent mortgages, utility bills, real property taxes, insurance premiums, and other eligible expenses. In July 2023, the program began offering homeowners up to $10,000 to help make critical home... Continue Reading

NEWS RELEASE: WV Homeowners Rescue Program Funds Limited–Eligible Homeowners Should Apply Now

CHARLESTON, W.VA.— As the West Virginia Homeowners Rescue Program celebrates two years of helping homeowners across the state, officials encourage qualified homeowners to apply for emergency assistance before funding runs out.

Since launching on March 28, 2022, the Homeowners Rescue Program has paid out more than $31 million to help 6,300 West Virginia homeowners with their housing expenses, including past-due mortgages, utilities, real property taxes, and home insurance premiums. In July 2023, the program began offering up to... Continue Reading

NEWS RELEASE: WVHDF, FHLBank Announce More than $1 Million to Combat Homelessness in West Virginia

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

NEWS RELEASE: Hundreds become homeowners through WVHDF loan programs since July

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