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Fund Releases 2022 Annual Report

The West Virginia Housing Development Fund has released our Annual Report for Fiscal Year 2022.

The Annual Report serves as a record showing the Fund’s accomplishments through our Single Family and Multifamily programs and illustrates how our programs have a real impact in the communities we serve. 

Some highlights include:

  • A grant through the Affordable Housing Fund financed the completion of a new townhome for women in substance abuse recovery
  • The opening Blackwater Apartments brought much-needed affordable housing to... Continue Reading
Maggie Leaptrot, the Fund's new Chief Financial Officer, sits at her desk.

Fund welcomes new Chief Financial Officer

The West Virginia Housing Development Fund welcomes Maggie Leaptrot as its  Chief Financial Officer.  

Leaptrot’s hiring marks the beginning of a period of transition for the Fund. Longtime employees Julie Davis, Deputy Director of Production, and Crystal Toney, Deputy Director of Administration, both announced their intentions to retire at the end of 2023. Over the next 18 months, Leaptrot will prepare to take over their responsibilities.  

“Maggie brings several years of experience, but also a fresh perspective,” said Erica Boggess,... Continue Reading

Housing counseling can set the stage for responsible homeownership

For many first-time homebuyers, the world of real estate lending can be confusing. Terms like escrow, amortization, and annual percentage rate may create some hesitancy among buyers.

However, housing counseling agencies across the state work to help first-time homebuyers understand the process or to help current homeowners maintain their financial health and grow their nest egg. These services are available to any homebuyer, including those who buy their homes through the West Virginia Housing Development Fund.

“Many of our first-time... Continue Reading

Mountaineer Rental Assistance Program

Mountaineer Rental Assistance Program to Begin Phase Out

Emergency rental assistance is coming to an end in West Virginia

CHARLESTON, W.VA — The state’s program to help renters struggling to pay housing costs due to the COVID-19 Pandemic is entering a new phase. The Mountaineer Rental Assistance Program – administered by the West Virginia Housing Development Fund – has distributed more than $139 million and satisfied over 45,000 claims.

In its new phase, the program will focus on first-time applicants only. It has ceased accepting applications from those... Continue Reading

West Virginia Homeowners Rescue Program saves Kanawha woman’s home

For many homeowners, staying on top of mortgage and utility payments is easy. They have a secure job and a steady paycheck, maybe even money in savings. But once the COVID-19 pandemic hit, it became obvious how even just one missed payment could cause major financial setbacks for even the most responsible homeowner.

C., a Kanawha County homeowner, knows that all too well. Although she has a great job with benefits that include sick pay, her bout with COVID last... Continue Reading