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. For 10 years, she served as a Commissioner of the Montpelier Housing Authority and has been on the Board of the Central Vermont Community Land Trust for six years. Most recently, she was a member of the Government and Public Affairs Group at Burlington law firm Downs, Rachlin, Martin PLLC. “We’re excited to welcome Jennifer to the VHFA Board of Commissioners,” Carpenter says. “As a fifth generation Vermonter with 25 years of housing experience on the local, state and national levels, we’re sure she’ll be a valuable addition to DEHCD and our Board.” Hollar is the designee of Agency of Commerce and Community Development Secretary Lawrence Miller. Miller takes over for Kevin Dorn, who exited VHFA’s Board when he stepped down as Secretary when Gov. Peter Shumlin took office. “VHFA wishes to thank Kevin for his years of service on the Board,” Carpenter adds. VHFA Commissioner Tom Candon, designee of Department of Banking, Insurance, Securities and Health Care Administration (BISHCA) Commissioner Steve Kimbell will remain on the VHFA Board. Kimbell recently replaced Michael Bertrand as BISHCA Commissioner. There are nine members of VHFA’s Board of Commissioners. They includes four ex officio members and five members appointed by the Governor of Vermont, representing private and public lending, real estate, and housing development interests. VHFA is a self-sustaining, non-profit agency created in 1974 by the Vermont Legislature to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped approximately 27,000 Vermont households with affordable mortgages and financed the development of approximately 8,400 affordable rental units.