Homeownership Director

Vermont Housing Finance Agency (VHFA), located in Burlington VT, is recruiting for a Homeownership Director. Formed in 1974, VHFA’s mission is to finance and promote affordable, safe, and decent housing opportunities for low- and moderate-income Vermonters. This role leads the strategy, execution, and overall performance of VHFA’s homeownership programs, ensuring strong production results, sound financial management, regulatory compliance, and an excellent customer experience.

Key Responsibilities:

• Lead VHFA’s homeownership programs, including loan production, pricing, customer experience, outreach, and vendor oversight.
• Develop and implement program policies, procedures, and guidelines that promote effectiveness, efficiency, equity, and integrity.
• Build and lead a high‑performing Homeownership team through hiring, coaching, and performance management.
• Set and execute business plans, budgets, and production forecasts.
• Ensure compliance with all applicable federal, state, and investor requirements.
• Oversee program performance and compliance reporting for Executive Management, the Board, and key stakeholders.
• Manage critical relationships with participating lenders, servicers, GSEs, and other partners.
• Identify operational risks and implement improvements in collaboration with agency leadership.

Required Qualifications:

• Bachelor’s degree in public administration, finance, economics, urban planning, or a related field.
• 10 years of experience in affordable housing, housing finance, or homeownership programs, including 5 years of management experience.
• Direct experience administering homeownership programs such as first‑time homebuyer programs, down payment assistance, or similar initiatives.
• Strong knowledge of mortgage origination, underwriting, servicing, and secondary market requirements.
• Demonstrated leadership, analytical, and communication skills.
• Must be a Vermont Resident.
• Proficiency with Microsoft 365.
• Valid Driver's License required.

Preferred Experience:

• Master’s degree in public administration, public policy, finance, planning, law, or a related discipline.
• Direct experience working for or closely with a state Housing Finance Agency, particularly in single‑family bond programs or HFA‑issued mortgage products.
• Knowledge of tax‑exempt bond financing, secondary market requirements, and investor considerations as they relate to mortgage program design and long‑term portfolio sustainability.
• Familiarity with applicable federal and state housing laws and consumer protection requirements, including fair lending, housing counseling standards, and mortgage compliance frameworks.
• Demonstrated success advancing equity‑focused homeownership strategies, including programs serving first‑time homebuyers, low‑ and moderate‑income households, and populations historically excluded from homeownership.
• Experience integrating performance metrics, outcome reporting, and continuous improvement practices into program management, consistent with nationally recognized HFA and public‑sector standards.
• Experience preparing materials or presenting to boards of directors, legislative bodies, or interagency working groups on program performance, risk considerations, and policy options.

Work Environment:

• Hybrid position: Minimum 2 days per week in the Burlington, VT office.
• Occasional in‑state and out‑of‑state travel required.

How to Apply

For a full job description and summary of benefits, please visit our website, https://vhfa.org/about/staff/employment. Submit an email with the required cover letter, resume, and references to HR@vhfa.org. Please include in your cover letter how your background and experiences would contribute to the diversity and cultural vitality of VHFA. Applications accepted through April 30th . VHFA is an Equal Opportunity Employer.

Pay: $115,000.00 - $125,000.00 per year

Benefits:

• 403(b)
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Mileage reimbursement
• Paid time off
• Parental leave
• Professional development assistance
• Retirement plan
• Vision insurance

Application Question(s):

• Are you a Vermont resident?

Ability to Relocate:

• Burlington, VT 05401: Relocate before starting work (Required)

Work Location: Hybrid remote in Burlington, VT 05401

Salary : $115,000 - $125,000