VHFA

AcronymDefinition
VHFAVermont Housing Finance Agency
References in periodicals archive ?
"We were very pleased to use our experience working with our financial partners and investors to maximize the funds raised for this important initiative," remarked VHFA's Executive Director Sarah Carpenter.
VHFA and VHCB chose the Sustainability Bonds designation to allow institutions and individuals to invest directly in bonds that finance socially beneficial affordable housing, promote environmentally friendly development, stimulate economic growth, and revitalize Vermont communities.
Funded investments included $1.4 million invested under programs sponsored by the VHFA to develop four low-income housing projects.
1, 2018, unless VHFA designates an earlier mandatory tender date on or after June 1, 2018 for all or any portion of the convertible option bonds.
The bonds are special obligations of VHFA payable solely from the revenues, loans, additional security reserve deposits, and other funds and property pledged as provided in the resolution.
The $3.5 million in debt oustanding under VHFA's 1990 indenture is supported by a loan portfolio consisting of 72 whole loans with a balance of $4.6 million and $352,847 in mortgage-backed securities as of Nov.
TD Bank (rated 'AA-'/'F1+) is the liquidity provider; the liquidity facility expires in July 2019, though VHFA has been successful in renewing liquidity facilities prior to the expiration date.