Strong financial performance  contributed to a rating upgrade to Aa2 for VHFA's multiple purpose bonds from Moody's Investors Service last week.  The rating applies to new multiple purpose bonds and all outstanding long-term debt under the multiple purpose bond program.

"The Aa2 long-term rating reflects the strong financial position of the Multiple Purpose Bond program as well as the Agency's decision to primarily originate mortgage backed securities, sound legal structure, cash flow projections that exhibit sufficient reserves to pay timely debt service and management oversight" explained Moody's March 1, 2017 Credit Opinion.  

Many thanks to the dozens of people who participated in our Valentine's Day Photo Contest!

All of your submissions were thoughtful and a happy reminder of what it means to have a home. After much thought and consideration, the winner was eventually narrowed down to Jess Marshall.  Check back in May for our Spring/Summer Photo Contest (there will be plenty more to follow!). 

Need an affordable apartment or know someone who does?  There are vacancies in 35 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.

The Vermont Agency of Natural Resources is seeking input from the business community about their experiences with permitting and environmental regulation in Vermont.  Please share your insights at one of the "listening tour" meetings the Agency is holding over the next two weeks at locations around the state.