News Room

The new year brought some significant changes to the West Virginia Housing Development Fund’s mortgage programs.

As of January 5, borrowers can expect to see lower interest rates as well as increased income and sales price limits in our Movin’ Up Program. Additionally, existing manufactured doublewide units constructed after 1976 are now eligible for financing through both Movin’ Up and Homeownership programs.

The Movin’ Up Program was created in 2014 to provide a pathway to affordable homeownership for moderate-income first-time... Continue Reading

CHARLESTON, W.VA.—With a shared vision that homelessness in West Virginia is rare, brief and nonrecurring, the West Virginia Housing Development Fund in partnership with the Federal Home Loan Bank of Pittsburgh (FHLBank) announces $1.625 million to fund local housing initiatives through the Home4Good Program.

This funding, spread across West Virginia’s four Continuums of Care, will support 24 projects that will lead to housing stability for those who are experiencing homelessness or are at risk of homelessness. These... Continue Reading

Many West Virginians who live within city limits probably don’t give a second thought to their wastewater. But those who live in more rural areas may rely on underground septic systems that are old, damaged, and failing.

The On-Site Systems Loan Program, a partnership between the Fund and the West Virginia Department of Environmental Protection, offers assistance for homeowners who rely on these septic systems by providing loans to help them make necessary repairs or replacements to failing systems or... Continue Reading

Natalie Wilson knows first-hand that bouncing back from divorce can be difficult.
With four kids and a small business to worry about, Wilson has had to make some tough decisions in the years since her marriage ended.

“I went through a pretty ugly divorce and lost our house,” she said. “It was too big for me, and I couldn’t afford it, so I sold it then rented for five years.”

But sometimes those tough decisions can... Continue Reading

CHARLESTON, W.VA.—The West Virginia Housing Development Fund announces the West Virginia Veterans’ Home Loan Mortgage Program, an innovative program that created a new pathway to homeownership for qualified veterans, has allocated all available funding.

Since launching on September 12, 2024, the program has connected more than 30 qualified borrowers to millions of dollars in mortgage financing at the Fund’s lowest interest rate.

“This Program has been a significant step forward in providing our veterans with the support they... Continue Reading