FHLBank Pittsburgh and the West Virginia Housing Development Fund are proud to announce the 2019 Home4Good funding awards. This money will be utilized by groups across the Mountain State working to reduce homelessness. This year, FHLBank Pittsburgh provided $1.1 million toward the effort and the Fund provided $250,000, for a total contribution of $1.35 million.
“FHLBank Pittsburgh’s ongoing partnership with the West Virginia Housing Development Fund continues to make a meaningful difference in the well-being of the neighborhoods we serve and the lives of our neighbors who live there,” said Winthrop Watson, FHLBank Pittsburgh’s President and Chief Executive Officer. “Thanks to the support of our member institutions, more than $7 million in Home4Good grants will be directed to local service organizations throughout West Virginia, Pennsylvania and Delaware.”
Home4Good was created by FHLBank Pittsburgh and the moneys dedicated to West Virginia are administered by the Fund. The funds are awarded to organizations that help individuals retain or find housing, provide supportive services to those facing homelessness or address other unmet needs within the existing homeless provider network.
“The Fund is once again proud to be a part of this effort to reduce homelessness in our state,” said Erica Boggess, the Fund’s Executive Director. “There is no single program that alone can end homelessness. That’s why Home4Good is funding a variety of different programs that together should make real progress getting people off the streets and into housing.”
About FHLBank Pittsburgh
FHLBank Pittsburgh is a congressionally chartered cooperative of local financial institutions operating across Delaware, Pennsylvania and West Virginia. The Bank uses private money, not taxpayer funds, to ensure the flow of credit and services to local lenders and assists them in serving the affordable housing and economic development needs of the communities in which they operate.
About the West Virginia Housing Development Fund
The West Virginia Housing Development Fund is a public body corporate and governmental instrumentality of the State of West Virginia established 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. To date, the Housing Development Fund has issued more than $4.5 billion in bonds and has financed more than 123,000 housing units since it began operation in 1969. The West Virginia Housing Development Fund is an Equal Housing Opportunity Lender.