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Lisa Clark named Assistant Director of Finance at Vermont Housing Finance Agency

Lisa Clark headshot

Executive Director Sarah Carpenter announced Lisa Clark has been promoted to Assistant Director of Finance at VHFA. She began her career at the Agency in 1997. “Lisa has been a long-term, dedicated member of VHFA’s Finance Department for 20 years and we are excited about expanding her responsibilities for the Agency’s bond and investment functions,” said Tom Connors, VHFA’s Chief Financial Officer.

2017 Green Real Estate Symposium

2017 Green Real Estate Symposium poster

Join us this Wednesday, October 25, 2017 for the Green Real Estate Symposium hosted by our friends at Vermont Realtors.

The event will include information on three main topics. First, appraisers will be educated on how to accurately evaluate a house for its energy efficiency. They'll also learn how to point out areas that could be performing better. 

Next, market research on green energy will show us why we are measuring sustainable energy in the first place. 

Applegate affordable apartments revamped for sustainability

Applgate apartment ribbon cutting

Plans were made over two years ago to make renovations to Applegate Apartments, located in Bennington, VT. It's one of Vermont's largest affordable housing developments and threatened by rising fuel costs before improvements were made. The complex paid $175,000 a year on fuel costs, which required rent to rise, and owners were worried that tenants would not be able to keep up.

VHFA is hiring!

VHFA has three immediate job openings: Development Underwriter, Business Development Coordinator and Research and Communications Coordinator. 

You can help Puerto Rico's Caño Martín Peña Community Land Trust

Caño Martín Peña, a sister community land trust to Vermont's own Champlain Housing Trust, needs our help to rebuild the homes it operates for 26,000 lower income San Juan residents. 

September's hurricanes have left these homes partly or completely destroyed. Donations will be used to buy construction materials and replace furniture and goods for those who have lost everything.

What to know about Vermont's Property Transfer Tax

One closing cost that is required by the State of Vermont is the Vermont Property Transfer Tax. It is applied any time the deed of a Vermont property is transferred to a new owner, yet is hardly mentioned on any of the websites that breakdown Vermont closing costs. Here are a couple things you should know about the Vermont Property Transfer Tax.

Progress update on first year of Building Homes Together campaign

Vermont Governor Phil Scott speaks at press conference

Vermont Governor Phil Scott joined legislative and housing leaders in a press conference last week to update the public on the first year progress of the Building Homes Together campaign.

Goal

In an effort to increase the availability of affordable homes in Vermont, Champlain Housing Trust teamed up with Chittenden County Regional Planning Commission and Housing Vermont to set a goal of 3,500 new homes within 5 years, with 20% of them being permanently affordable.

Training offered on "The Nuts and Bolts of Housing Retention"

The Vermont Resident Services Coordinators (VRSC) invites you to join them on Wednesday, November 1, 2017 for a training workshop.  The workshop will be followed by the VRSC member meeting.  The training workshop and meeting will be held at the historic Royalton Academy Building in Royalton, VT.  

VHFA seeks "Housing for All" investors: Historic initiative expected to create or rehabilitate 650 homes statewide

VHFA invited bids from investors Friday for the "Housing for All" initiative passed by Vermont lawmakers earlier this year.  The proceeds from this financing will be used to create and rehabilitate an estimated 650 rental and owned homes across the state.

Northfield Savings Bank’s Tom Leavitt appointed to VHFA’s Board of Commissioners

Governor Phil Scott has appointed Thomas S. Leavitt of Waterbury Center to VHFA's Board of Commissioners.

Leavitt, has been President and Chief Executive Officer of Northfield Savings Bank since 2014.  Prior to Northfield Savings Bank, Leavitt was President and CEO of MountainOne Financial in North Adams, MA and before that he was on the senior management team of Merchants Bank in Vermont for 16 years.

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