A Message To Customers Regarding Coronavirus (COVID-19).

We are closely monitoring the recent health advisories regarding this pandemic. As it has always been, the safety and security of our customers and team members remains our highest priority. Our hearts and thoughts go out to the people who have been affected by this unprecedented event. …

 

 

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The Fund’s Single-Family Program broke all records, loaning $90,000,000 in four months at the lowest rate to date of 6.50%. The Fund purchased approximately $4,000,000 in existing business loans from the West Virginia Economic Development Authority. On its first stand-alone competitive bond issue for its $10,600,000 1992 Housing Finance Bonds (FAF Multifamily Project Refunding), the Fund received a rating of AA+ from Standard and Poor’s Corporation. The Fund funded its first infrastructure projects: $800,000 for the water line extensions for the FBI (KGS) Center and $875,000 for the Fairmont Industrial & Credit Corporation for site preparation.