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.
Press Releases
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.
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.
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.
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.
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.
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.
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.
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.
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.