Executive Director Sarah Carpenter announced that Vermont Housing Finance Agency (VHFA) has hired Sarah Woodward of Barre for the position of Development Underwriter. Woodward comes to VHFA from Aeon in Minneapolis, Minnesota where she worked as a site manager and compliance technician for affordable housing developments. Woodward is a graduate of the University of Vermont who previously worked for the Champlain Valley Office of Economic Opportunity on mobile home parks and other housing issues.
“Sarah’s experience in managing affordable housing projects will be a valuable addition to the Agency’s development staff”, Carpenter remarked. Woodward will work with the Development Department to oversee the allocation of housing tax credits and VHFA loans to developers building and renovating rental housing projects.
VHFA is a non-profit agency created in 1974 by the Vermont Legislature to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped approximately 29,000 Vermont households with affordable mortgages and financed the development of approximately 8,800 affordable rental apartments.