Windham & Windsor Housing Trust recently completed two extensive third party audits of their operations and in both instances achieved the highest possible scores. This exceptional accomplishment underscores WWHT’s steadfast commitment to excellence in all areas of compliance, accountability and fiscal responsibility.
The first audit evaluated WWHT’s counseling services. As a participant of the HUD Housing Counseling Program, WWHT offers a range of services, including pre-purchase counseling, financial management/budget counseling, mortgage delinquency and default resolution counseling, rental housing counseling, and various homebuyer education workshops. Following this latest Performance Review, the auditors found the quality of the program and its HUD certified counselors to be excellent.
The focus of the second audit was to determine compliance with Vermont’s lending statutes and financial regulations as well as to assess the agency’s financial stability. WWHT is a licensed lender under the Nationwide Mortgage Licensing System (NMLS), providing affordable home repair loans to homeowners in Southeast Vermont in order to address critical health and safety issues. As a licensed lender, the agency is required to undergo periodic reviews by the State of Vermont. At the conclusion of this latest examination, WWHT and its administration of the Green Mountain Home Repair Program received the highest available rating, indicating the strongest possible performance and risk management practices.
“We are extremely pleased, and proud of the exemplary performance of our Homeownership Center in both of these reviews,” says Bruce Whitney, Director of Homeownership for WWHT. “These achievements reaffirm our unwavering commitment to fiscal responsibility and accountability. It’s a powerful vote of confidence for the homebuyers and homeowners we serve, that their needs will be met with the highest level of integrity and excellence.”
WWHT has consistently received high scores on both audits. For more information about WWHT’s Homeownership Center, visit www.homemattershere.org.
About WWHT
WWHT’s mission is to strengthen the communities of southeast Vermont through the development and stewardship of permanently affordable housing and through ongoing support and advocacy for its residents. WWHT builds concrete solutions to the region’s housing challenges, and provides better housing opportunities to more than 1,500 Southeastern Vermonters each year. The Green Mountain Home Repair program is always accepting applications from homeowners – find more information and contact us here! The pre-purchase and counseling program also runs year-round with monthly hybrid and live homebuyer education workshops. These meet requirements for most downpayment assistance programs and gets your started on your best foot forward into homeownership. Find the schedule here.
