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Press Releases

SARA BARRETT JOINS VHFA AS LOAN SERVICING ASSISTANT

BURLINGTON—Executive Director Sarah Carpenter announced Sara Barrett of Burlington has joined Vermont Housing Finance Agency (VHFA) as Loan Servicing Assistant. Barrett’s most recent experience includes serving as an AmeriCorps member with the Shared Equity Program at Champlain Housing Trust through Vermont Housing and Conservation Board. She has been in the affordable housing industry since 2009. Barrett will provide support to the Agency’s loan servicing function in our Homeownership Department.

VERMONT HOUSING DATA WEBSITE ADDS LATEST CENSUS FINDINGS

BURLINGTON, VT The Vermont Housing Data Website (www.housingdata.org) has added hundreds of Census data including Census 2010 demographic information and detailed estimates on home heating sources and housing cost burdens from the U.S. Census Bureau’s American Community Survey (ACS).

BONNIE BLACK JOINS VHFA AS HOMEOWNERSHIP OUTREACH COORDINATOR

BURLINGTON—Executive Director Sarah Carpenter announced Bonnie Black of Essex has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator. Black’s real estate and home loan experience stretch back to 1993. Most recently, she’s been a Loan Officer with Wells Fargo Home Mortgage in Williston. Before that, she spent five years as Multiple Listing Service (MLS) Director at the Vermont Real Estate Information Network in Williston where she oversaw daily operation of the statewide MLS with 1,800 Realtor® members.

VHFA ANNOUNCES NEW HOMEOWNERSHIP INCOME AND PURCHASE PRICE LIMITS

BURLINGTON—More Vermonters will be able to purchase homes using Vermont Housing Finance Agency’s low-interest mortgages thanks to new income and purchase price limits put in place last Friday. “VHFA is always working hard to respond to Vermont’s housing market, which can be a moving target,” explained Executive Director Sarah Carpenter.

JACKLYN SANTERRE PROMOTED TO DIRECTOR OF HOMEOWNERSHIP

BURLINGTON VT—Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced Jacklyn Santerre of Colchester has been promoted from Assistant Director of Homeownership Programs to Director of Homeownership. Santerre is responsible for the management of VHFA’s homeownership programs including production, outreach, and servicing, as well as new program development and implementation. She works with other members of VHFA’s Senior Management team and the Agency’s Executive Management to assist in the development of the Agency’s strategic and business plan.

RENTING AN APARTMENT IN VERMONT CONTINUES TO GROW MORE DIFFICULT

BURLINGTON VT—Renting an apartment in Vermont continues to grow more difficult for the average Vermonter, according to a report released today. The 2011 update of “Between a Rock and a Hard Place: Housing and Wages in Vermont” shows a modest 2- bedroom apartment in Vermont costs an average of $990 a month, a 7 percent increase over the year before and a 58 percent increase since 2000. A renter would need to earn an hourly wage of at least $19.03 — or $39,595, annually — to afford this.

VERMONT HOUSING FINANCE AGENCY BREAKS $3 BILLION BONDING MILESTONE

BURLINGTON—Vermont Housing Finance Agency (VHFA) has passed a major milestone: The Agency has issued more than $3 billion in bonds to finance homeownership and rental opportunities for low- and moderate-income Vermonters. Over its nearly-37-year history, VHFA has put that money to use helping approximately 27,000 Vermont households to buy a home and financing the development of approximately 8,400 affordable rental units.

ROBIN HOWE JOINS VHFA AS MULTIFAMILY OPERATIONS SPECIALIST

BURLINGTON—Executive Director Sarah Carpenter announced Robin Howe of Colchester has joined Vermont Housing Finance Agency (VHFA) as Multifamily Operations Specialist. Howe ensures data integrity of the multifamily core software applications and provides administrative support to the VHFA Multifamily Management and Development departments. She also maintains the Directory of Affordable Rental Housing (www.housingdata.org/doarh) and required documentation related to VHFA’s multifamily portfolio.

BRENDA HOWLEY JOINS VHFA AS LEGAL COORDINATOR

BURLINGTON—Executive Director Sarah Carpenter announced Brenda Howley of South Burlington has joined Vermont Housing Finance Agency (VHFA) as Legal Coordinator. Howley assists VHFA’s General Counsel in performing legal functions for the Agency, including oversight of corporate records management, program and procedure review and closings of multifamily mortgage loans for construction, acquisition and rehabilitation, preservation, and ownership transfer involving multiple lenders, Low Income Housing Tax Credits, bond financings and other sources of funding.

JENNIFER HOLLAR JOINS VHFA BOARD OF COMMISSIONERS

BURLINGTON—Executive Director Sarah Carpenter announced Jennifer Hollar has joined the Vermont Housing Finance Agency (VHFA) Board of Commissioners. Hollar, the state’s new Deputy Commissioner of the Vermont Department of Economic, Housing and Community Development (DEHCD), has worked at the Vermont Department of Housing and Community Affairs, Vermont Housing and Conservation Board, and a Washington, D.C., municipal development organization.

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