Fund Authors Report for Huntington Newspaper

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 trust us with what is often their largest, most expensive investment.

In many ways, our success is a direct reflection of our state. Hard work, dedication and honesty serve as the foundation for what we have accomplished. Those are the same values West Virginians hold dear. Our customers know our staff is in... Continue Reading

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Fund Releases FY 2016 Annual Report

We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of what we, as an agency, accomplished in Fiscal Year 2016.  We went beyond spreadsheets and numbers and truly illustrate how our programs help state residents. The Fund has been, and always will be, a vital part of West Virginia.

A few highlights from this year’s report:

  • A letter from former Governor Earl Ray Tomblin highlighting our efforts to... Continue Reading
Jim Justice and Kent Leonhardt

Fund Welcomes Two New Board of Directors Members

The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt to our board of directors. The Fund is governed by an 11-member Board of Directors consisting of four ex-officio members – the Governor, State Treasure, Attorney General and Commission of Agriculture – and seven members appointed from the private sector by the Governor.

Justice, who was inaugurated on Monday, is one of the state’s most respected business leaders. After earning his undergraduate... Continue Reading

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Fund Remains Only Housing Finance Agency with “AAA” Distinction

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 rating service lauded the extremely high credit quality of the Fund’s asset base, the Fund’s ability to successfully meet its legislative mandate, the extensive experience of the Fund’s management and its conservative philosophy.

According to... Continue Reading

Fund Announces Initiative to Help Low-Income Homebuyers

CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income residents turn their dreams of homeownership into a reality. Through a memorandum of understanding with Fahe, a Kentucky-based organization on a mission to eliminate persistent poverty in Appalachia, and the United States Department of Agriculture, we are now the country’s only state housing finance agency to offer the United States’ Department of Agriculture’s Section 502 Direct Loan... Continue Reading