News

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Rates mentioned in news posts may not reflect current rates.

New Town Homes Open on Charleston’s West Side

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Hope Townhouses, a new Low-Income Housing Tax Credit Program Development, is open and ready for renters.

The townhomes, which sit along 2nd Avenue and Grant Street on Charleston’s West Side, feature both two- and three-bedroom units.

Each apartment is two stories with a large kitchen, living room and washer/dryer utility room on the first floor. In most units, both bedrooms and the bathroom are on the second floor, while some have a first-floor bathroom and bedroom.

Each unit also has... Continue Reading

Fund Mortgage Expert Featured in News Story

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Jon M. Rogers, the Fund’s Senior Division Manager for Single Family Lending, was quoted extensively in a media report published Friday by the Charleston Gazette Mail. The focus of the article centered on what mortgage providers, Realtors and builders are doing to engage with millennial buyers.

“Like a lot of folks, we watched the millennials sit on the sidelines for quite a while as they reached the age where younger generations jumped into the homebuying market,” he said from his... Continue Reading

Work Crews Help Those in Need

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HURRICANE – The sounds of hammers pounding in nails and circular saws cutting lumber filled the air during a recent morning at Whites Mobile Home Park.

And that is true music to the ears of Barbara Reynolds.

Reynolds, who has a pronounced mobility issue, has had serious trouble getting from the parking lot, up the steps and to her front door.

“My porch fell last year and I had a big step out of my front door. It was horrible... Continue Reading

Gov. Justice Announces Standard & Poor’s Affirms AAA Credit Rating for Fund

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Standard & Poor’s Rating Service has once again affirmed West Virginia Housing Development Fund’s “AAA” issuer credit rating. The “AAA” qualification is Standard & Poor’s highest ranking and the Fund is the only state housing finance agency to receive an “AAA” rating.

“The Fund is truly doing great work for our state and I couldn’t be prouder of the staff,” said Gov. Jim Justice, who, in his role as governor, serves as Chairman of the Fund’s Board of... Continue Reading

U.S. Congressman Alex Mooney Joins Home4Good Event Announcing Funding to Address Homelessness in West Virginia

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Congressman Alex Mooney (R-W.Va.) was the special guest for an event held Thursday to announce funding to fight homelessness across West Virginia.

FHLBank Pittsburgh and the West Virginia Housing Development Fund are partnering for a second year to fund programs across the Mountain State that work to address homelessness. FHLBank Pittsburgh is providing $1.1 million toward the effort, which is called Home4Good, and the Fund is providing... Continue Reading