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
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
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
A once-dilapidated structure on the East End of Charleston now offers a beacon of hope to women in substance abuse recovery.
Rea of Hope, a residential recovery program for women, officially opened the Ryan Brown House on June 15. The three-bedroom, two-bathroom townhouse is named in honor of a Charleston man who died of a heroin overdose in 2014. His parents, CeCe and Bobby Brown, worked with the West Virginia Legislature to establish the Ryan Brown Addiction Prevention... Continue Reading
Photos of grandchildren. Menu boards in the kitchen. A toddler’s monster truck collection.
These are just a few of the ways tenants at Glad View have made their new units feel like home.
“I just love this apartment,” said Nancy Holbrook, who moved into her unit in January. “I never want to leave.”
Glade View is a new affordable housing development located just outside Cowen, Webster County, and includes one-, two-, and three-bedroom units, a community room, and a playground.... Continue Reading