Homeownership Interest Rate for January 19, 2018:
4.00% (APR: 4.480%)

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December 6, 2017
RIPLEY – The West Virginia Housing Development Fund recently celebrated the dedication of Elizabeth Way Apartments.     Erica...
November 27, 2017
Fund Remains Only Housing Finance Agency with “AAA” Distinction   Standard & Poor’s Rating Service has once again affirmed West...
August 16, 2017
The West Virginia Housing Development Fund is proud to announce the promotion of two long-time employees.   Crystal Toney will be...
August 9, 2017
CROSS LANES – As of Monday, there is one less blighted, dangerous building in Kanawha County.   It took about 20 minutes for a large...
June 1, 2017
Most know the West Virginia Housing Development Fund through our home-buying programs. One in 10 West Virginia homebuyers have entrusted us...
April 25, 2017
The West Virginia Housing Development Fund’s Board of Directors has approved a loan to the Kanawha County Commission to help take down...
April 18, 2017
  Erica L. Boggess has been named Executive Director of the West Virginia Housing Development Fund.     Boggess, who has...
March 30, 2017
A message to our customers:   Here at the Fund, we are proud of what we do. We are honored by the fact that so many West Virginians...
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...

HOME Leverage Loan Program

The HOME Leverage Loan has been designed to target applicants, that in the event the amount of first mortgage for which an applicant qualifies is insufficient to cover the acquisition cost of the desired house, the applicant may be eligible for a HOME Leverage Loan. HOME Leverage Loans are intended to provide the eligible applicant a subsidy to fill the gap between the purchase price of a house and the amount of financing the applicant can afford to repay. The HOME Leverage Loan may be made in connection with a NewHOME Direct Loan, a Mortgage Revenue Bond Loan, a Movin’ Up Loan from the Fund, a USDA 502 Direct Loan, or other permissible first mortgages. The maximum household income of an applicant may not exceed 80% of the area median income for the county.
The HOME Leverage Loan is a 0% interest, forgivable second mortgage loan not to exceed $14,999. The amount of the HOME Leverage Loan may not exceed the amount of the first lien mortgage.
The HOME Leverage Loan is not subject to repayment and will be forgiven on a pro rata monthly basis over the term of the HOME Leverage Loan. The HOME Leverage Loan term and affordability period will be based upon the total amount of HOME assistance the applicant receives. 
Lender’s title insurance is not required for HOME Leverage Loans.


If you would like to see a map of the HOME program's coverage area and lending partners please click here.


2017 HOME Homeownership Value Limits
2017 HOME Income Limits


Environmental Forms and Information



For more information on the HOME Program, please contact Cathy Colby.

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.