CHARLESTON, W.VA.— The West Virginia Housing Development Fund has financed nearly $90 million in new mortgage loans since July, thanks in large part to our competitive interest rates.
Our flagship Homeownership Program loaned just over $80 million, including $28 million in October alone, to 411 first-time West Virginia home buyers, helping them achieve the dream of homeownership. In total, the Fund has loaned nearly $90 million through all our mortgage programs. These figures more than double year-over-year production... Continue Reading
Thirteen-year-old Danielle Lilly is excited to spend the holidays in her new home.
That’s because this holiday season will be unlike the rest. She, her dad, and her grandfather will celebrate Thanksgiving and Christmas in their new home located in the Guyandotte neighborhood of Huntington. Gone are the days of renting a new place every couple of years. Now, thanks to Habitat for Humanity of the Tri-State and despite COVID-related setbacks, the Meadows and Lilly family are homeowners.
... Continue Reading
Ahead of two retirements, the West Virginia Housing Development Fund announces changes in two key leadership positions.
Nathan Testman has been promoted to Deputy Director of Production. Testman has been with the Fund for seven years, most recently serving as the Senior Division Manager of Multifamily Lending. In his new role, Testman will oversee all production programs within the Multifamily and Single-Family divisions, as well as Section 8 and Asset Management. Scott Smith, who joined the Fund in July, will... Continue Reading
The West Virginia Housing Development Fund is pleased to present the FY2023 Annual Report.
This year’s report looks a little different. Rather than publishing a PDF to our website, we decided to take advantage of today’s technology and create a more dynamic, web-based report. The FY2023 Annual Report, located here, contains testimonials from satisfied customers, information on our single- and multifamily programs, our financial reports, and more.
We are pleased with how... Continue Reading
CHARLESTON, W.VA.— The West Virginia Housing Development Fund issued more than $20 million in affordable mortgage loans to buyers across West Virginia in July, shattering previous records and doubling year over year totals.
In just one month, the Fund issued 119 loans through our Homeownership Program for a total of $18 million and 15 Movin’ Up Program loans for a total of $2.4 million.
“Our programs are designed to make homeownership more attainable and affordable for West Virginians,” said Jon... Continue Reading