The Fund is governed by an eleven-member Board of Directors consisting of four ex-officio members and seven members appointed from the private sector by the Governor. Current Fund board members include:
 The Honorable Joe Manchin, III Governor, State Of West Virginia |
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 Larry Puccio Governor's Designee Governor's Chief of Staff |
 Joe Hatfield Executive Director West Virginia Housing Development Fund |
J.D. Stricklen Owner Stricklen Realty |
 Gus Douglass Commissioner of Agriculture State of West Virginia |
 Darrell V. McGraw, Jr. Attorney General State of West Virginia |
 John Perdue State Treasurer State of West Virginia |
 Gino Colombo Colombo's Real Estate |
 Richard Bowlby Burke-Parsons-Bowlby Corp. |
 Everette Sullivan West Virginia Council of Carpenters |
 Mark Nesselroad President/CEO, Glenmark Holding |
 Julia Elbon Archer Real Estate |
 Dan Moore Moore Auto Group |