Homeownership Interest Rate for May 23, 2017:
4.25% (APR: 4.742%)

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April 25, 2017
The West Virginia Housing Development Fund’s Board of Directors has approved a loan to the Kanawha County Commission to help take down...
April 18, 2017
  Erica L. Boggess has been named Executive Director of the West Virginia Housing Development Fund.     Boggess, who has...
March 30, 2017
A message to our customers:   Here at the Fund, we are proud of what we do. We are honored by the fact that so many West Virginians...
February 14, 2017
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of...
January 26, 2017
  The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt...
December 21, 2016
  West Virginia’s natural beauty is truly unmatched.   Our citizens are among the brightest, hardest working and...
December 6, 2016
The West Virginia Housing Development Fund is proud to announce a new video designed to help our partners across the lending and banking...
October 6, 2016
          Standard & Poor’s Rating Service has once again affirmed West Virginia Housing...
August 25, 2016
  To assist those affected by flooding in towns and communities across our state, the West Virginia Housing Development Fund...
August 10, 2016
Borrowers can pay mortgage, check balance from smart phone or tablet    Now there’s an easy, secure way to access your...

Fund Welcomes Two New Board of Directors Members


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 degree and a Masters in Business Administration, the Governor-elect joined his family’s business in 1976.  He started Justice Family Farms in 1977 in beautiful Monroe County. Under his direction, Justice Farming Operations has grown to be a major agricultural enterprise. His companies farm more than 50,000 acres of corn, wheat and soybeans in West Virginia, Virginia, North Carolina and South Carolina. He purchased the Greenbrier Resort in 2009. He also serves as head basketball coach for both the boys and girls teams at Greenbrier East High School.


“The West Virginia Housing Development Fund has been doing great work since their inception in 1969. So many of our citizens have turned the dream of home ownership into a reality using one of their programs,” Justice said. “If we want to attract and retain investment and create new jobs, housing is going to be critical. I look forward to working with this organization as we focus on making West Virginia better.”


Leonhardt, who also took the oath of office on Monday, noted that housing is a vital part of the state’s economic dynamic.


“I’m looking forward to working with the Fund as we work to grow agriculture in the state,” he said. “Housing is a vital part of how we move our state in a new direction.”


Leonhardt is a longtime farmer who began his passion for the industry by reviving a farm that had sat abandoned for over 40 years in the western end of Monongalia County. The farm, that he still lives on today, was purchased in 1982 and started cultivating crops and raising livestock in 1997. He recently served as State Senator from the 2nd District.


Erica Boggess, the Fund’s Acting Executive Director, said she was looking forward to working with both men.


“I am positive that Governor Justice and Commissioner Leonhardt will bring great ideas and work well with our other outstanding board members,” said Boggess. “Our board is engaged and accountable and our members’ input and guidance over the years has been a large part of our ability to help our state’s residents find safe, affordable housing.”


Boggess added that The Fund maintains a “AAA” general obligation debt rating, the only state housing agency in the nation to achieve this rating. This distinction is a direct result of a devotion to making quality mortgage loans and customers’ commitment to what is often their biggest investment. Standard & Poor’s, one of the country’s most respected rating services, noted the extremely high credit quality of the Fund’s asset base, its ability to meet its legislative mandate, the dedication of the talented management team and a smart investment philosophy. When The Huffington Post recognized West Virginia as the country’s top state for first-time homebuyers, they specifically cited the Fund’s mortgage program. 


Boggess thanked Former Governor Earl Ray Tomblin and Secretary of Revenue Bob Kiss, who served as Tomblin’s designee on the board, for their years of service.


“Secretary Kiss and Governor Tomblin were great to work with. They were informed, responsive and easily embraced our mission to make certain that West Virginians have access to safe, affordable housing,” she said.


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 West Virginia's affordable mortgage leader.

Gov. Jim Justice, left, and Agriculture Commissioner Kent Leonhardt 



The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.