About WVHDF
The West Virginia Housing Development Fund is a public body corporate and governmental instrumentality of the State of West Virginia established in 1968 to increase the supply of residential housing for persons and families of low- and moderate-income, and to provide construction and permanent mortgage financing to public and private sponsors of such housing. The West Virginia Housing Development Fund is governed by an 11-member Board of Directors consisting of four ex-officio members and seven members appointed from the private sector by the Governor.
To date, the Housing Development Fund has issued more than $4.5 billion in bonds and has financed more than 170,000 housing units.
We operate two distinct divisions that advance this mission. Our Single-Family Lending Division provides access to low-interest rate mortgages and down payment assistance. Our Multifamily Division facilitates the financing of affordable rental housing units to meet the needs of low-income West Virginians across the state.
All West Virginia Housing Development Fund loans are serviced in our Charleston office, making the Fund the state’s largest servicer of in-state loans.
Our Mission
Providing safe, affordable housing for all of West Virginia
Our Values
Integrity: We are honest, transparent, and fair.
Accountability: We maintain fiscal and operational excellence and hold each other to the highest standards.
Teamwork: We work together to achieve quality results.
Partnerships: We collaborate with valued partners to accomplish our mission.
Adaptability: We adjust strategies and behaviors in response to changing environments.
Board of Directors
The West Virginia Housing Development Fund is governed by an 11-member Board of Directors consisting of four ex-officio members and seven members appointed from the private sector by the Governor.
Our Board of Directors for Fiscal Year 2025 included:
GOV. PATRICK MORRISEY
Chairman
THE HON. LARRY PACK
West Virginia State Treasurer - Treasurer of the Board of Directors
THE HON. JOHN B. MCCUSKEY
West Virginia Attorney General
HON. KENT LEONHARDT
West Virginia Commissioner of Agriculture
TROY GIATRAS
Partner, The Giatras Law Firm - Vice-Chair of the Board of Directors
ROBERT NISTENDIRK
Partner, Woomer, Nistendirk & Associates PLLC - Secretary of the Board of Directors
LYNNE GIANOLA
Partner, Gianola, Harmon & Associates, PLLC
PATRICK MARTIN
Realtor, KLM Properties
KRIS RAYNES
Prosecuting Attorney, Putnam County
ALLEN RETTON
Executive Vice President & Director of Commercial Banking, Wesbanco
KELLI WOOTEN-WILLIS
Retired Owner-Agent, Nationwide InsuranceDiscover WVHDF
As we reflect on the past year, we do so during a period of important leadership transition for the Fund. This annual report highlights the work accomplished through the dedication of our staff and our continued commitment to our mission.
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