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Sam Falzone retires after 38 years at VHFA

By: Leslie Black-Plumeau on 5/25/2017

Amidst songs, odes, laughs and tears, VHFA staff celebrated the many achievements and enduring friendships of Sam Falzone.  Sam is retiring this week, after a distinguished 38 years at VHFA directing the agency’s rental housing programs. 

Sam’s commitment to preserving and monitoring Vermont’s stock of affordable rental housing benefited thousands of low-income renters across the state.  More than 8,600 much-needed affordable apartments financed through the housing tax credits and direct loans provided by VHFA are monitored by Sam’s department.

VHFA staff celebrated Sam at Sweetwater’s Restaurant on Tuesday, having him “cross the finish line”, serenading him with the “Sam Jam” band’s “My retirement” (to the tune of Jimmy Buffet’s “Margaretville”) and “Somewhere Over the Rainbow”, an ode by Dave Adams and many appreciations from Sarah Carpenter.  Sam remarked that he was most proud of the legacy he created in the highly effective multifamily staff that will continue on at VHFA.

Check out VHFA’s Facebook page for more photos and fun in Sam’s honor. 

Photo by Madison Noyes




CONGRATS SAM! Thank you for your kind ways and all you have done for our field!


All the very best during this next chapter in your life. May the sun rise up to meet you; may you find that skip in your step again; may many years of happiness be in your future.

Cynthia Stuart
Department of Financial Regulation


Congratulations on your retirement! You have been an inspiration to those of us in affordable housing on how to do things well and compassionately. Thank you for all of your wisdom and I wish you much happiness in this next phase of your life.