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Press Releases

VERMONT HOUSING FINANCE AGENCY ANNOUNCES CHANGES TO BOARD OF COMMISSIONERS

BURLINGTON, VT  Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced today changes to the Agency's Board of Commissioners: New to the Board are John Hall, Vermont Commissioner of Housing and Community Affairs; Paul Beaulieu, Executive Vice President and Chief Operating Officer, Factory Point National Bank; and Jeb Spaulding, Vermont State Treasurer. Hall is a native Vermonter and business owner whose public involvement dates back to 1976. He served in the Vermont House from 1993 to 1996 and chaired the House Education Committee from 1995 to 1996.

FOR IMMEDIATE RELEASE June 4, 2001

BURLINGTON – To celebrate Homeownership Week, Vermont Housing Finance Agency is giving a boost to homeownership across Vermont. VHFA Executive Director Sarah Carpenter announced today that VHFA has increased income and purchase price limits for its homeownership programs in most areas of the state. In addition, VHFA is introducing a special rate option to help home buyers with cash for down payment and closing costs, often major obstacles faced when buying a home.

NEW VHFA BOND DEAL WILL FINANCE HUNDREDS OF VERMONT HOME PURCHASES

BURLINGTON—Vermont Housing Finance Agency has taken two big steps towards helping more Vermonters own their own homes. VHFA today announced the completion of an $81.4 million single-family bond sale and the approval of higher income and purchase-price limits for borrowers. The bond sale provides more than $50 million in low-interest mortgages to finance between 600 and 700 home purchases over the next nine months. About $30 million of the new bond revenue will be used to refund VHFA bonds issued in 1989.

VERMONT HOUSING FINANCE AGENCY HIRES ADMINISTRATIVE ASSISTANT

BURLINGTON, VT  Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced today the hiring of Renee Couture of Burlington as Administrative Assistant. Couture provides administrative support to the agency's executive management staff and legal counsel, and provides backup support to the front office. Before joining VHFA, Couture spent more than four years at IDX Systems Corp. in South Burlington, most recently as Senior Software Analyst.

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.

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