Vermont Housing Finance Agency (VHFA), located in Burlington VT, is recruiting for a Homeownership Director. Formed in 1974, VHFA’s mission is to finance and promote affordable, safe, and decent housing opportunities for low- and moderate-income Vermonters. This role leads the strategy, execution, and overall performance of VHFA’s homeownership programs, ensuring strong production results, sound financial management, regulatory compliance, and an excellent customer experience.
The Homeownership Director oversees all aspects of program implementation, including loan production, pricing, outreach, vendor oversight, and performance monitoring, and serves as VHFA’s primary internal and external subject‑matter expert on homeownership policies and programs. The Director develops and implements program policies, procedures, and guidelines that promote effectiveness, efficiency, equity, and integrity; builds and leads a high‑performing Homeownership team; and sets and executes short‑ and long‑term business plans, budgets, and production forecasts. The position manages critical relationships with lenders, servicers, GSEs, and other partners; oversees program performance and compliance reporting; ensures timely, accurate information for Executive Management, the Board, and key stakeholders; and proactively identifies and addresses operational risks in collaboration with agency leadership.
Preferred candidates will bring direct experience working for or closely with a state Housing Finance Agency—particularly in the design and administration of single‑family bond programs or HFA‑issued mortgage products. Ideal applicants will demonstrate strong knowledge of tax‑exempt bond financing, secondary market and investor requirements, and how these considerations shape sustainable mortgage program design and long‑term portfolio performance. Familiarity with federal and state housing laws and consumer protection frameworks—including fair lending, housing counseling standards, and mortgage compliance—is highly valued. The successful candidate will have a proven track record of advancing equity‑focused homeownership strategies that expand access for first‑time homebuyers, low‑ and moderate‑income households, and communities historically excluded from homeownership, while also integrating performance metrics, outcome reporting, and continuous improvement practices consistent with nationally recognized HFA and public‑sector standards. Experience preparing materials for and presenting to boards of directors, legislative bodies, or interagency working groups on program performance, risk considerations, and policy options is strongly preferred.
Consistently named one of the “Best Places to Work in Vermont”, the Agency offers a competitive salary and comprehensive benefits package. VHFA also offers a Vermont-based hybrid in-person and remote working environment. The salary range for this position is $115,000-$125,000. For a detailed job description and benefits overview, please see the Careers section of VHFA.org. To apply, send cover letter (required; otherwise, your application will not be considered), resume, and references to the Human Resources Department at [email protected]. Please consider including in your cover letter a description of how your unique background and experiences would contribute to the diversity and cultural vitality of VHFA. Applications will be accepted until the position is filled, however, the agency will begin conducting interviews on a rolling basis, so early applications are encouraged. VHFA is an equal opportunity employer. Please note: You must be a Vermont State Resident.