Surrounded by “lucky bamboo” to ensure a retirement filled with happiness and prosperity, VHFA staff celebrated Pat Loller’s last day as Director of Administration—a critical role Pat half-jokingly often described as “Chief of Stuff.”

Based on the FDIC’s recent assessment of how well lending practices of selected banks contribute to the vibrancy of local communities, Union Bank, based in Morristown, stood out.

Union Bank earned an “outstanding” ranking, reserved for banks that most effectively meet the credit needs of their local communities. Only four of the approximately one hundred banks reviewed nationwide during the most recent round of assessments in June received such a ranking.

Pat Loller, Director of Administration, will be retiring from the agency effective July 15, 2014. Concurrently, Maura Collins will be promoted to the position of Director of Administration and Policy.

Check out this short video from the Urban Institute that explains the role of rental housing assistance for those who receive it and the problems that ensue for those who need it but can not.