Rocky Hill, Conn., – December 19, 2014 – (RealEstateRama) — Mr. Eric Chatman has resigned as Executive Director-President of the Connecticut Housing Finance Authority in order to pursue other interests. Mr. Chatman provided three months’ notice in order to facilitate the transition of the Executive Director duties and his last day of employment will be March 21, 2015. The Authority wishes Mr. Chatman well in his future endeavors.
The Connecticut Housing Finance Authority (CHFA) was created in 1969 by the Connecticut Legislature as a self-supporting quasi-public housing agency charged with expanding affordable housing opportunities for the state’s low- and moderate-income families and individuals. CHFA has helped more than 130,000 Connecticut individuals and families become homeowners through its low-interest single-family mortgage programs. In addition, CHFA has financed the creation of nearly 40,000 affordable, rental units throughout the state. CHFA maintains an AAA rating with Standard & Poor’s and an Aaa rating with Moody’s Investor Services. To date, the combined mortgage financing for CHFA’s single-and multifamily housing programs exceeds $16.5 billion. For more information: http://www.chfa.org