News

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Standard & Poor

Housing Fund Maintains Standard and Poor’s “AAA” Issuer Credit Rating

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Fund only state housing finance agency with “AAA” distinction

For more information, contact George Gannon 304.391.8643

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... Continue Reading

Shamblin and Colby

Fund Promotes Longtime Employees

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Both bring wealth of experience to new roles

The West Virginia Housing Development Fund is excited to announce the promotions of two staff members. Patti Shamblin has been promoted to Managing Director of Loan Originations and Cathy Colby will now serve as Managing Director for the HOME Program. Both have served the organization in countless ways during the employment with the Fund.

“We’re excited for Cathy and Patti. They have proven to be dedicated, capable members of... Continue Reading

The Movin’ Up Home Loan Program

Fund Launches Movin’ Up Loan Program

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Fund Creates Self-Sustaining Lending Program

Movin’ Up Loan Program offers flexibility for West Virginia homebuyers

For More Information, Contact George Gannon at 304-391-8643

The West Virginia Housing Development Fund has created a new mortgage finance option. The Fund’s Board of Directors has authorized the creation of a new, self-funding lending program.

The new Movin’ Up Loan Program isn’t just for first time homebuyers.

The program makes it easier for homeowners who may have outgrown their current... Continue Reading

Drop Box

West Virginia Housing Development Fund Installs Payment Drop Box

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The West Virginia Housing Development Fund recently installed a payment  drop box for customers who would like to make their mortgage payments after normal business hours.  The drop box, like the Fund’s office, is located at 5710 MacCorkle Ave SE. in Charleston. The drop box can be found to the right of the main entrance gate, inset in the large brick pillar.

The Fund moved into their current location in August 2011. The building, which was designed by ZMM Architects... Continue Reading

The Porter Triplex, West Virginia Housing Development Fund, LEED, Elkins, Erica Boggess, Green Building

Fund Helps Finance Environmentally-Sustainable Rental Units

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Executive Director hopes project will be emulated across West Virginia

ELKINS – Solar powered hot-water heaters. Locally-sourced wood products. A rain garden.

Those are just some of the features of the Porter Triplex, a LEED-for-Homes energy efficient multi-family housing unit financed through the West Virginia Housing Development Fund’s HOME Program.

“The Porter Triplex is not only a wonderful project, it will be a great home to three families,” said Erica Boggess, the Fund’s Executive Director. “We’re proud to... Continue Reading