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. In her new position she handles compliance monitoring of multifamily projects using the federal Low Income Housing Tax Credit program, such as review of annual status reports and owner certifications, on-site physical inspections and tenant file audits, management of findings with owners and managers; and communication with the IRS. She's also responsible for maintaining tax credit project information in the Agency’s core software application database. VHFA was established by the Vermont Legislature in 1974 to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the agency has helped more than 23,000 households with affordable mortgages and 4,900 families into affordable rental units.

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