Assistant Director, Underwriting at Connecticut Housing Finance Authority
Employing Organization
Team
Decision makers at Connecticut Housing Finance Authority
Assistant Director of Talent & Organizational Development
Chief Executive Officer – Executive Director
Chief Financial Officer
Chief Information Officer
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The agenda includes reports on the 2026 Series D Bond Issue, financial performance, production and delinquency metrics, investment and swap status, and an internal audit report.
The committee convened to discuss the executive director's performance review and staff compensation matters related to the upcoming budget. Key discussion topics included the proposed 4.5% merit and cost-of-living adjustment pool for employees, and the introduction of a new, formalized incentive pay structure to recognize exceptional performance. The committee deliberated on the framework for these performance-based awards, focusing on nomination criteria, equity, and consistency across the organization.
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The meeting agenda includes an executive session to conduct the performance review of the Chief Executive Officer and Executive Director. Additionally, the committee is scheduled to discuss staff compensation matters in relation to the 2027 budget.
The public hearing was held to solicit public comments regarding the Connecticut Housing Finance Authority's (CHFA) intent to issue tax-exempt and/or taxable bonds in an amount not exceeding $526,575,000 to finance multi-family housing developments. A public commenter expressed strong opposition to the funding plans, citing alleged systemic failures, internal control deficiencies documented in past audits, a lack of competitive bidding processes for specific projects, and concerns regarding the equitable distribution of funds to subcontractors.
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