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Press Releases

VERMONT HOUSING FINANCE AGENCY HIRES HOMEOWNERSHIP SPECIALIST

BURLINGTON, VT  Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced today the hiring of Pat LaFond of Georgia as Homeownership Specialist. LaFond serves as one of the agency's primary contact persons with its lending partners for funding loans, resolving policy and procedural issues, and supporting outreach efforts. She also assists with the maintenance and development of homeownership policies and procedures. LaFond has more than 14 years of financial services experience.

KATHY CURLEY PROMOTED AT VERMONT HOUSING FINANCE AGENCY

BURLINGTON, VT  Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced today the promotion of Kathy Curley of Burlington to the newly created position of Tax Credit Compliance Specialist. Curley has been Administrative Assistant at the agency since November 2000.

VHFA AWARDS AFFORDABLE HOUSING TAX CREDITS TO FUND MORE THAN 215 UNITS

BURLINGTON, VT ― More than 215 housing units will be created or preserved in four Vermont municipalities with the help of $1.6 million in federal and state Housing Tax Credits awarded by Vermont Housing Finance Agency on Thursday. "These tax credits are one way VHFA is helping get much-needed affordable housing built in Vermont," according to Executive Director Sarah Carpenter. "Tax credits have been a very useful tool in our efforts to reduce our state's severe housing crunch.

VHFA RECEIVES NATIONAL AWARD FOR PROGRAM EXCELLENCE

BURLINGTON, VT  Vermont Housing Finance Agency has won an Award for Program Excellence from the National Council of State Housing Agencies (NCSHA), a trade organization for housing finance agencies, for one of its most innovative and successful homeownership programs. VHFA received the honor in the Homeownership category for its "Housing Choice Homeownership Initiative." The Initiative helps Vermonters use federal Housing Choice Vouchers  formerly known as Section 8 vouchers  to purchase homes. The vouchers are more commonly used to secure affordable rental housing.

VHFA'S SAM FALZONE RECEIVES VERMONT HOUSING MANAGERS ASSOCIATION HONOR

BURLINGTON, VT  Sam Falzone, VHFA Director of Multifamily Programs, was named Volunteer of the Year by the Vermont Association of Housing Managers. He received the award during the first Tri-State Housing Managers Conference at the Grand Hotel in North Conway, N.H., on Sept. 11. Falzone has been involved with the Association for two decades, and has often served on the Conference/Education Committee.

VERMONT HOUSING FINANCE AGENCY HIRES RESEARCH ANALYST

BURLINGTON, VT  Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced today the hiring of Maura Collins as Research Analyst. Collins develops and maintains housing databases; and conducts research and writes reports to support various agency programs, new housing initiatives, special projects and strategic planning initiatives. A graduate of the University of Buffalo, Collins spent the last three years working for the Technical Assistance Collaborative in Boston.

VHFA ANNOUNCES LOWEST MORTGAGE INTEREST RATES IN ITS HISTORY

BURLINGTON— Vermont Housing Finance Agency has announced a new low mortgage interest rate — 5.95% for a 30-year, fixed rate loan with no points for qualified borrowers — which is the lowest rate ever offered by the Agency. The new rate became effective August 19th. “We are very happy to be able to offer this new, low rate to Vermont homebuyers,” said VHFA Executive Director Sarah Carpenter.

VHFA OFFERS RECORD-LOW INTEREST RATE

BURLINGTON — Vermont Housing Finance Agency now offers the lowest mortgage interest rate in its history. The agency now offers qualified borrowers 30-year, zero point mortgage loans with a fixed interest rate of just 6.25 percent. "We're pleased to be able to offer the lowest home mortgage rates in VHFA's 28-year history," says Executive Director Sarah Carpenter. "Combined with recent adjustments in our income and purchase price limits, the new rates will help more Vermonters realize their dreams of becoming homeowners." The new rate became effective June 4th.

VERMONT HOUSING FINANCE AGENCY HIRES OFFICE MANAGER

BURLINGTON, VT  Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced the hiring of Rebecca A. Lane of Sheldon as Office Manager. Lane assists the Director of Administration with human resource functions of the agency, including administration of employee benefits, payroll and hiring. She oversees the administrative staff for the administration and finance divisions; provides high-level administrative support to the Executive Director and the Director of Administration; and coordinates communications with the Board of Commissioners.

VERMONT HOUSING FINANCE AGENCY STAFF MEMBERS ATTEND TEXAS SEMINAR

BURLINGTON, VT  Four employees of Vermont Housing Finance Agency (VHFA) in Burlington attended two days of presentations and training in March. Financial Analyst Lisa Clark, Information Systems Manager Rick Jean, Multifamily Operations Specialist Nina McDonnell, and Applications Specialist/Analyst Sherri Mullin attended the Mitas Seminar 2002, presented by The Mitas Group Inc. of McKinney, Texas. The group received product overviews from the company and presentations on future product innovations including Web applications, remote access changes, and new mapping software initiatives.

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