VHFA is pleased to announce the 2018 Top Performers across the local Vermont banks, credit unions and mortgage companies who participate in the VHFA single family homeownership program.  VHFA's participating lenders are essential to meeting VHFA's mission to provide homeownership opportunities for low to moderate income Vermont households.

Please join VHFA in congratulating the following organizations and individuals who originated the highest VHFA mortgage loan production volume in 2018:

Vermont’s economy is growing but not in every county, and its gains have disproportionately benefited higher income Vermonters, according to the 2018 update of “State of Working Vermont” from Public Assets Institute. Poverty is distinctly more prevalent among younger Vermonters and Vermonters of color, the report notes.

The northwestern part of the state accounted for all job growth in Vermont in the last decade, according to the Public Assets Institute report.  While employment grew in Chittenden, Franklin and Washington counties, the remaining counties lost 15,000 workers. 

Earlier this week, VHFA Executive Director Sarah Carpenter was honored by the VHFA Board of Commissioners with a resolution in recognition of her 20 years of service as head of the agency.

L. Randolph Amis, Chair of Board of Directors, praised Carpenter for her “grace, good humor, and dogged resolution” in her leadership of VHFA and her advocacy for affordable housing.

The resolution reads:

“WHEREAS, Sarah Carpenter has served Vermont’s housing community for over three decades as a developer, funder and financier impacting more than 10,000 households; and

WHEREAS, Sarah’s efforts and leadership transformed Vermont’s discussion of how to provide supportive housing for its most vulnerable citizens; and

The Vermont Chamber of Commerce recently named Leo O’Brien Jr. and Daniel J. O’Brien, founder of O’Brien Brothers real estate development, as the 2018 Citizens of the Year. Among their many other accomplishments, the brothers have a long history of investment in affordable housing in Vermont.