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VMBB & VEHBFA Name a New Executive Director

Contact: Michael Gaughan Phone: 802-654-7377 Email: michael@vtbondagency.org Vermont Municipal Bond Bank & Vermont Educational and Health Buildings Financing Agency name a new Executive Director Winooski, VT (January 4, 2018) – Two of Vermont’s oldest infrastructure financing organizations have hired a new executive director, Michael Gaughan, to lead both agencies. The Vermont Municipal Bond Bank (“VMBB”) […]

VMBB Graduate Intern Job Description

Position Impact Capital Intern Overview Vermont Municipal Bond Bank (“VMBB”) is seeking a highly qualified individual to serve as a student intern for the spring 2018 semester. VMBB is an instrumentality of the State of Vermont with a mission to support access to readily available and low-cost financing options for Vermont’s governmental units pursuing critical […]

2017 Series 3 Bonds – Post Closing Responsibilities

Post-closing, you will have several reports that will need to be filed with the VMBB and trustee. Shortly after the date of substantial completion of your project, you will need to file a Certificate of Project Completion form. This form should be signed by the borrower’s governing Board and distributed to:   Executive Director                                          U.S. […]

2017 Series 3 Bond Pool Requisition Announcement

2017 Series 3 Instructions for Requisitioning Loan Proceeds The VMBB will close on the 2017 Series 3 bonds on August 2, 2017. On that date, loan proceeds will be deposited into borrower accounts at U.S. Bank (“USB” or “trustee”).   If you have not already done so, please work with U.S. Bank to finalize account setup […]

Mid-Summer 2017 Series 3 Bonds – Trustee

The VMBB has chosen U.S. Bank (“USB”) to serve as the trustee for the 2017 Series 3 financing.   USB’s mailing address: U.S. Bank National Association Corporate Trust Services One Federal Street, 10th Floor Boston, MA 02110   You will be working with the following USB employees:   Account set up and investments – Andrew […]

2017 Series 1 & 2 Bond Pool Requisition Announcement

The VMBB closed on the 2017 Series 1 & 2 bonds today.  Loan proceeds were deposited into borrower accounts at U.S. Bank (“USB” or “trustee”).   If you have not already done so, please work with U.S. Bank for final account setup and to select your investment(s) (see Announcement dated 3/6/17 for more information).  You may […]

2017 Series 1 and 2 Bond Pool Announcement

Mid-Winter 2017 Series 1 and 2 Bonds -Trustee March 3, 2017 The VMBB has chosen U.S. Bank (“USB”) to serve as the trustee for the 2017 Series 1 & 2 financing. USB’s mailing address:  U.S. Bank National Association Corporate Trust Services One Federal Street, 10th Floor Boston, MA 02110 You will be working with the following […]