We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of what we, as an agency, accomplished in Fiscal Year 2016. We went beyond spreadsheets and numbers and truly illustrate how our programs help state residents. The Fund has been, and always will be, a vital part of West Virginia.
A few highlights from this year’s report:
The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt to our board of directors. The Fund is governed by an 11-member Board of Directors consisting of four ex-officio members – the Governor, State Treasure, Attorney General and Commission of Agriculture – and seven members appointed from the private sector by the Governor.
Justice, who was inaugurated on Monday, is one of the state’s most respected business leaders. After earning his undergraduate... Continue Reading
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 successfully meet its legislative mandate, the extensive experience of the Fund’s management and its conservative philosophy.
According to... Continue Reading
CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income residents turn their dreams of homeownership into a reality. Through a memorandum of understanding with Fahe, a Kentucky-based organization on a mission to eliminate persistent poverty in Appalachia, and the United States Department of Agriculture, we are now the country’s only state housing finance agency to offer the United States’ Department of Agriculture’s Section 502 Direct Loan... Continue Reading
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2015 Annual Report. This is an important record of what we, as an agency, accomplished in Fiscal Year 2015. We tried to go beyond spreadsheet and numbers and truly illustrate how our programs help state residents. From transforming lives to transforming entire city blocks, the Fund has been, and always will be, a vital part of West Virginia.
A few highlights from this year’s report:
... Continue Reading