Executive Director Maura Collins announced that Vermont Housing Finance Agency (VHFA) has hired Megan Roush of Northfield and Bill Schrecker of Burlington as Development Underwriters.
Roush comes to VHFA from the U.S. Department of Agriculture (USDA) Rural Development, where she served the past four years as a Vermont Housing Loan Specialist and Public Information Officer. Roush is a graduate of Saint Michael’s College.
Bill Schrecker previously served as Family Shelter Coordinator for the Committee on Temporary Shelter (COTS). Prior to that, he worked as a research analyst at the Reinvestment Fund, a Philadelphia-based community loan fund. Schrecker is a graduate of Boston College, the University of Pennsylvania and Temple University.
“We are delighted to have found two candidates with such extensive and varied experience in affordable housing,” Collins remarked.
The two underwriters will analyze prospective multifamily and single-family housing developments applying for financing administered by VHFA. This includes applications for state and federal housing tax credits and VHFA loans to developers building and renovating affordable rental housing and homeownership 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.