News Room

Energy efficiency an important part of affordable housing

While recycling materials and conserving energy are two simple ways everyone can protect the environment, sustainability is something home builders must consider in each project to ensure they meet stringent environmental protection standards.

Most of the West Virginia Housing Development Fund’s programs encourage developers to include HVAC systems, appliances, and other measures that increase energy efficiency.

Energy efficient and sustainable building practices play a key role in multifamily housing development. The... Continue Reading

Officials cut ribbon on Blackwater Apartments, a new development in Davis, West Virginia.

Officials hope Blackwater Apartments project leads to economic development in Tucker County

For many people seeking respite at the height of the COVID-19 pandemic, the mountains of Davis, West Virginia, seemed like the perfect place.

Surrounded by the lush Monongahela National Forest, the small town attracted visitors from nearby Baltimore and Washington, D.C., as well as other urban areas up and down the eastern seaboard. To provide lodging, many homeowners in and around Davis began converting their spaces into Airbnb rentals. Those who could even bought second homes so they could rent... Continue Reading

WVHDF Releases 2021 Annual Report

The West Virginia Housing Development Fund is pleased to release the 2021 Annual Report. 

The report highlights the Fund’s continued work to make housing more affordable and accessible across the state. It also contains information about our Mountaineer Rental Assistance Program, which over the past year has awarded more than $60 million in COVID-19 relief funds to renters who demonstrate a pandemic-related economic hardship. 

The Annual Report also serves as a record for what the Fund has accomplished through its... Continue Reading

Fund Maintains Top Rating

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.

“I am so proud of the WVHDF for leading the nation with this rating,” said Gov. Jim Justice, who, in his role as Governor, serves as Chairman of the Fund’s Board of Directors. “The Fund... Continue Reading