VHFA announced today that David Adams, Chief of Program Operations, will be retiring from the agency on November 17, 2017.  Concurrently, Maura Collins will be promoted to the position of Deputy Director. “Dave has expertly led our programs through the turbulent economic and mortgage industry changes of the past two decades,” VHFA Executive Director Sarah Carpenter explained.

Executive Director Sarah Carpenter announced Lisa Clark has been promoted to Assistant Director of Finance at VHFA. She began her career at the Agency in 1997. “Lisa has been a long-term, dedicated member of VHFA’s Finance Department for 20 years and we are excited about expanding her responsibilities for the Agency’s bond and investment functions,” said Tom Connors, VHFA’s Chief Financial Officer.

Join us this Wednesday, October 25, 2017 for the Green Real Estate Symposium hosted by our friends at Vermont Realtors.

The event will include information on three main topics. First, appraisers will be educated on how to accurately evaluate a house for its energy efficiency. They'll also learn how to point out areas that could be performing better. 

Plans were made over two years ago to make renovations to Applegate Apartments, located in Bennington, VT. It's one of Vermont's largest affordable housing developments and threatened by rising fuel costs before improvements were made. The complex paid $175,000 a year on fuel costs, which required rent to rise, and owners were worried that tenants would not be able to keep up.