Nathan E. Testman

Interim Executive Director

Mr. Testman joined the Fund in 2016 as the Division Manager of Multifamily programs. He was named Senior Division Manager of Multifamily in 2018 and was appointed to Deputy Director of Production in September 2023 before taking on his current role as Interim Executive Director on January 3, 2025. Prior to joining the Fund, he worked in commercial banking for a number of years and served in the Army National Guard. He is a graduate of West Virginia University and holds a degree in finance.

Cathy Colby

Senior Manager, HOME & HTF Programs

Mrs. Colby joined the Fund in 2007, working with the Low-Income Housing Tax Credit Program. In 2014, she was named the Managing Director of the HOME Program. Currently she serves as the Senior Manager of the HOME and HTF Programs. Mrs. Colby is a graduate of the University of Charleston with a Bachelor of Science in Accounting and a Master’s Degree in Business Administration.

Michelle L. Wilshere, CPA, MBA

Senior Division Manager, Multifamily

Ms. Wilshere joined the Housing Development Fund in 1998 as the Senior Tax Credit Processor. In 2004 she became the Manager of the Low-Income Housing Tax Credit Program, was appointed Senior Manager in 2011, and was appointed to her current position in 2024. Prior to 1998, Ms. Wilshere was an accountant for several companies in the hospitality and commercial rental industries. She graduated from West Virginia State College with a bachelor’s degree in Accounting, is a Certified Public Accountant, and earned her Master’s Degree in Business Administration in 2000 from Marshall University Graduate College.

Dorothy K. White, CPA

Senior Manager, Multifamily Compliance

Ms. White joined the Housing Development Fund in 1999 as the Senior Internal Auditor. In 2007, she became the Managing Director of Internal Audit; in 2012, the Managing Director of Section 8; and in February 2017, was named Federal Compliance Officer. She was appointed to her current position in February 2026. Prior to 1999, Ms. White worked in public accounting. She graduated from Marshall University and is a Certified Public Accountant.