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Press Releases

DOWN PAYMENT AND CLOSING COST ASSISTANCE PROGRAM LAUNCHED

BURLINGTON, VT  A new grant program launched today will connect lower income Vermonters with the down payment and closing costs needed to buy a home at historically low rates. Today the Vermont Housing Finance Agency (VHFA) rolled out its down payment and closing assistance grants for Vermont home buyers, calling the program MOVE ASSIST. “MOVE ASSIST grants will enable low- to moderate-income Vermonters to clear one of the most difficult barriers to buying a home – the down payment or closing costs,” said Jacklyn Santerre, Director of Homeownership at VHFA.

MORNINGSIDE SHELTER RECEIVES “CHANGE THE WORLD” GIFT

BURLINGTON—Robin Howe knows how to stretch a dollar. Howe, Vermont Housing Finance Agency’s Multifamily Operations Specialist, worked to turn a one dollar public relations campaign into a $2,590 gift to a homeless shelter in Brattleboro, Vermont. Ms. Howe worked during the month of February to raise funds for the Morningside Shelter after she learned about a project called Change the World, in which “change the world” was written on 100 one dollar bills and handed to 100 people. The only instruction was to think about ways to change the world.

TARA BROWN HIRED AS HOMEOWNERSHIP LOAN SERVICING ASSISTANT

BURLINGTON—Executive Director Sarah Carpenter announced Tara Brown of Hinesburg, VT has joined Vermont Housing Finance Agency (VHFA) as Loan Servicing Assistant. Tara comes to VHFA from Dwight Asset Management Company, LLC where she worked as Executive Assistant for the past 10 years. Tara has a BA in Liberal Arts from State University of New York at Stonybrook.

statehouse homeless vigil

TWO NEW VHFA BOND DEALS WILL FINANCE HUNDREDS OF VERMONT HOME PURCHASES AND PRESERVE AFFORDABLE RENTAL HOUSING

BURLINGTON—Vermont Housing Finance Agency (VHFA) has taken two big steps towards making housing more affordable in the Green Mountain State. VHFA closed two bond deals this week: one will fund mortgages for lower income homebuyers and the other restructures and provides the loans for 25 different multifamily rental projects, lowering their interest rates and extending how long the developments must remain affordable. The single family bond sale that closed December 18th provides $50 million in low-interest mortgages to finance between 250 and 350 home purchases.

SETH LEONARD HIRED AS HOMEOWNERSHIP OUTREACH COORDINATOR

BURLINGTON—Executive Director Sarah Carpenter announced Seth Leonard of Winooski, VT has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator. Seth comes to VHFA after four years with Opportunities Credit Union where he was a Branch Manager. Seth’s responsibilities at Opportunities Credit Union included mortgage and consumer lending and marketing. Seth is an active board member of the Winooski Community Partnership Board and has served on the United Way Impact Team and mentored for the Boys and Girls Club of Burlington.

NATIONAL HOUSING FINANCE EXPERTS KICK OFF VERMONT’S STATEWIDE HOUSING CONFERENCE

BURLINGTON—A packed room of about 430 people gathered this morning at the Burlington Hilton to hear Governor Shumlin’s opening address and the plenary session of the biennial Statewide Vermont Housing Conference. Shumlin recounted the challenges the state has overcome since Tropical Storm Irene caused the most devastation Vermont communities have ever experienced. Equipping our neighborhoods for the “climate change storms” of the future and rebuilding more durably is an absolute requirement, he explained.

MAURA COLLINS RECEIVES RISING STAR AWARD FROM VERMONT BUSINESS MAGAZINE

BURLINGTON—Vermont Housing Finance Agency’s Policy and Planning Manager, Maura Collins, received a Vermont Business Magazine Rising Star award at last night’s annual awards dinner in South Burlington, Vermont. Rising Star awards recognize 40 of Vermont’s most accomplished young leaders, all of whom are younger than 40. With 120 nominations this year, judges faced tough selection decisions. Selection is based on nominees’ commitment to business growth, professional excellence and involvement in their communities.

DIANE EDSON HIRED AS HOMEOWNERSHIP SPECIALIST

BURLINGTON—Executive Director Sarah Carpenter announced Diane Edson of South Burlington, VT has joined Vermont Housing Finance Agency (VHFA) as Homeownership Specialist. Diane was most recently employed at Shelter Mortgage, and previously at Universal Mortgage. Diane previously was employed at VHFA in a similar role until 2002. Jacklyn Santerre, VHFA’s Director of Homeownership commented, “Diane has continued to be involved with VHFA loans as a processor and underwriter for one of our top lenders.

BRITTANY BENTON HIRED AS ACCOUNTING SPECIALIST

BURLINGTON—Executive Director Sarah Carpenter announced Brittany Benton of Winooski, VT has joined Vermont Housing Finance Agency (VHFA) as Accounting Specialist. Brittany is a recent graduate of Saint Michael’s College with a Bachelor’s of Science degree in Accounting and a Minor in Finance. Brittany originally hails from Limerick, ME.

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