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Press Releases

PLANTILLA ELECTED PRESIDENT OF VERMONT GREEN BUILDING NETWORK

BURLINGTON—VHFA Development Underwriter Liza Vedder Plantilla has been elected President of the 15- member Board of Directors of the Vermont Green Building Network in Burlington. “I look forward to reaching out to those who want to ensure buildings are constructed, rehabilitated and maintained in a way that's environmentally responsible,” says Plantilla, who has served as the network’s Treasurer for two years. “Green building isn’t anything new to Vermonters. It’s a solid building ethic that includes conservation of materials, and minimizing waste and environmental impact.

PHILBRICK, COUTURE PROMOTED AT VHFA

BURLINGTON— Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced that Erin Philbrick of Milton and Renee Couture of Burlington have been promoted. Philbrick, who has been with the Agency since 2001, was promoted from Multifamily Operations Specialist to Multifamily Management Officer.

VHFA LOWERS HOME MORTGAGE LOAN INTEREST RATES

BURLINGTON— Vermont Housing Finance Agency (VHFA) has good news for prospective homebuyers — a lower mortgage interest rate. VHFA has lowered the rate on a 30-year, no points, fixed rate loan to 5.65 percent. The new rate became effective Feb. 12. “We’re always looking for opportunities to lower our rates whenever market conditions allow,” explained VHFA Executive Director Sarah Carpenter.

KIM ROY, KATHY CURLEY PROMOTED

BURLINGTON— Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced that Kim Roy of Williston and Kathy Curley of Burlington have been promoted. Roy, who has been with the Agency since 1989, was promoted from Multifamily Management Officer to Assistant Director Multifamily Programs. In her new position, she fills the lead role for business process review in conjunction with information technology services and related initiatives for multifamily property development and multifamily management.

VHFA DROPS HOME MORTGAGE LOAN INTEREST RATES

BURLINGTON— Vermont Housing Finance Agency (VHFA) has dropped the interest rate on a 30- year, no points, fixed-rate loan to 5.75 percent. The new low rate is expected to help more Vermonters realize their dream of homeownership. The new rate became effective today. “We strive to give our customers the lowest rates we possibly can,” said VHFA Executive Director Sarah Carpenter. “When market conditions permit, we always take the opportunity to lower rates. But those conditions change constantly, so we can never predict how long any rate will last.

VHFA HOLIDAY NOTE CARD SALE TO BENEFIT UNITED WAY OF CHITTENDEN COUNTY

BURLINGTON—Vermont Housing Finance Agency (VHFA) is selling holiday note cards to benefit the United Way of Chittenden County. The full-color cards are printed on recycled stock with earth-friendly vegetable-based ink, and feature original artwork donated by Polly Thibault, who works as a Loss Management Specialist for VHFA. VHFA is selling the cards with envelopes in packs of 10 for $10 through the VHFA Web site at www.vhfa.org/united_way.php. Orders can be placed online, or submitted using a printable PDF form available at the site.

VHFA HONORS TOP MORTGAGE LOAN ORIGINATORS, LENDING INSTITUTIONS FOR FY2006

BURLINGTON— Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for fiscal year 2006: Michelle Shambo, Chittenden Bank, Middlebury, Addison County; Wendy Chenaille, Bank of Bennington, Bennington, Bennington County; Susan Laferriere, Union Bank, St. Johnsbury, Caledonia and Essex counties; Jeanne Boucher, New England Federal Credit Union, South Burlington, Chittenden and Grand Isle counties; Carol McKinney, New England Federal Credit Union, St.

VHFA HONORS TOP MORTGAGE LOAN ORIGINATORS, LENDING INSTITUTIONS FOR FY2006

BURLINGTON— Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for fiscal year 2006: Michelle Shambo, Chittenden Bank, Middlebury, Addison County; Wendy Chenaille, Bank of Bennington, Bennington, Bennington County; Susan Laferriere, Union Bank, St. Johnsbury, Caledonia and Essex counties; Jeanne Boucher, New England Federal Credit Union, South Burlington, Chittenden and Grand Isle counties; Carol McKinney, New England Federal Credit Union, St.

VHFA EXECUTIVE DIRECTOR RE-ELECTED TO BOARD OF DIRECTORS OF NATIONAL COUNCIL OF STATE HOUSING AGENCIES

BURLINGTON—Sarah Carpenter, Executive Director of Vermont Housing Finance Agency, has been re-elected to the Board of Directors of the National Council of State Housing Agencies (NCSHA). “I look forward to continuing to serve on NCSHA’s board for a second term,” Carpenter says. “The past two years have afforded me the chance to work with professionals involved in many aspects of housing from across the county. The challenges Vermont faces in growing its inventory of affordable housing is shared by many states. Yet this issue rarely gets the attention it deserves on the federal level.

VHFA EXECUTIVE DIRECTOR SARAH CARPENTER RECEIVES NATIONAL NEIGHBORWORKS® HONOR

BURLINGTON—Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter received an Honorable Mention in the 2006 NeighborWorks® Government Service Awards. Carpenter received the honor at a ceremony held at the NeighborWorks® Training Institute in Washington, D.C., on Aug. 14. Vermont State Senator and South Burlington City Council Chairman Jim Condos also received an Honorable Mention at the event. “I’m flattered by the mention and proud of VHFA’s accomplishments,” Carpenter says.

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