Alicia D. Massie

Senior Legal Counsel, Compliance

Ms. Massie joined the Housing Development Fund in 2013 as Legal Counsel for Compliance and assumed the role of Senior Legal Counsel in September 2023. She graduated from Marshall University in 2002 with a Bachelor of Science in Business Administration – Accounting and earned her law degree from the West Virginia University College of Law in 2006.

Kristin A. Shaffer

Deputy Director of Administration and General Counsel

Ms. Shaffer joined the Housing Development Fund in 2011 as Assistant Legal Counsel. After serving a number of years as Senior Legal Counsel, she assumed the role of Deputy Director of Administration and General Counsel in September 2023. She graduated from West Virginia University in 2003 and earned her law degree from the West Virginia University College of Law in 2006.

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.