Homeownership Interest Rate for March 24, 2017:
4.25% (APR: 4.742%)

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February 14, 2017
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of...
January 26, 2017
  The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt...
December 21, 2016
  West Virginia’s natural beauty is truly unmatched.   Our citizens are among the brightest, hardest working and...
December 6, 2016
The West Virginia Housing Development Fund is proud to announce a new video designed to help our partners across the lending and banking...
October 6, 2016
          Standard & Poor’s Rating Service has once again affirmed West Virginia Housing...
August 25, 2016
  To assist those affected by flooding in towns and communities across our state, the West Virginia Housing Development Fund...
August 10, 2016
Borrowers can pay mortgage, check balance from smart phone or tablet    Now there’s an easy, secure way to access your...
June 23, 2016
CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income...
May 18, 2016
    We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2015 Annual Report. This is an...
March 22, 2016
Program vital for West Virginia   CHARLESTON – The West Virginia Housing Development Fund is taking time in 2016 to celebrate 30...

Fund Program Helps Senior Housing Agency

Residents delighted to live in state-of-the-art facility

For more information, Contact Erica Boggess at 304.391.8637

TERRA ALTA – Jean Powell can very succinctly sum up her experience at Park Side Apartments, a recently opened senior housing development in Preston County.

“I just love it here,” she said during the recent open house and ribbon cutting celebration at the complex. “I love all my neighbors. This is such a wonderful place.”

Jean has been living at Park Side, which was funded partly through a loan from the West Virginia Housing Development Fund, for just a few months, but she says she truly enjoys her experience and the sense of community that’s quickly forming among residents and staff.

“Everyone here is so friendly and I just love how it feels and how it looks,” she said.

 Clyde McFarland, another Park Side resident , had been living with his son. Now he’s got a place to call his own.

“It’s great here,” he said. “And it looks fantastic.”

Construction on the 20-unit apartment complex stared in Spring 2012. Each apartment features a full kitchen, patio, a spacious bathroom and bedroom and plenty of natural light. Laundry facilities, a large community room, elevator access to both floors, handicap accessibility and state-of-the-art heating and cooling systems.

The two-story complex sits atop a hillside just a few blocks from downtown Terra Alta. Charming and quaint, the building resembles a ski lodge or mountain retreat and offers residents a breathtaking view of the scenic vistas of Preston County.  Bus service is also available.

The development was partially financed with a $1,100,000 through the Fund’s HOME Program.  

“We’re proud to partner with North Central West Virginia Community Action Agency and everyone who helped to make Park Side a reality,” said Erica Boggess, the Fund’s Acting Executive Director. “This is a vital project for this part of our state and we hope it goes a long way toward fulfilling a growing need for this type of housing. “

Vicki Geary with the North Central West Virginia Community Action Agency said that working with the Fund was rewarding and helped take Park Side from idea to reality.

“West Virginia Housing was great to work with,” Geary said.  “They understand how to work with a lot of partners working together.”

West Virginia Housing Development Fund Terra Alta Park Side

                             (Park Side Apartments in Terra Alta, W.Va. The development was funded
                              partly through a loan from the West Virginia Housing Development Fund)

The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.