West Virginia Housing Development Fund

Feb. 16, 2012

The next meeting of the North Central WV Single Family Ad Hoc Committee will be held in Marion County.  The meeting has been scheduled for Wednesday, February 29, 2012 at 11:30 am at 3 Ways Inn Restaurant.  The address is 17 3 Ways Drive which is located just off Fairmont Avenue/Route 250. No RSVP is necessary and anyone working in any aspect of the housing, mortgage or banking industry is welcome to attend. We hope to see you there. 

Feb. 1, 2012

The Parkersburg Ad Hoc Committee, which is sponsored by The West Virginia Housing Development Fund, is scheduled to hold a meeting on Feb. 23 at 11 a.m. at The Golden Corral in Parkersburg. No RSVP is necessary and anyone working in any aspect of the housing, mortgage or banking industry is welcome to attend. We hope to see you there. 

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A reminder for our lending partners:

On June 17, 2008, the Heroes Earnings Assistance and Relief Tax Act was enacted, granting special benefits to veterans of the U.S. Armed Forces. The most significant of the benefits provided for in the act is the exemption of veterans and their spouses from the first-time home buyer requirement under the West Virginia Housing Development Fund's mortgage bond program. The first-time home buyer exemption applies to any qualified veteran who has been discharged or released under conditions other than dishonorable in the past 25 years. The exemption also applies to the spouses of these veterans. Per the new law guidelines, the exemption from the first-time home buyer requirement may only be used once by the veteran and his/her spouse. If you have any questions regarding this matter, please feel free to contact us at 1-800-933-8763.