Di Domenico Joins HDF’s Danbury Office
August 24, 2007; As originally appeared in The Commercial
Record
The Stamford-based Housing Development Fund, a nonprofit bank
that provides funding for affordable housing and an array
of homebuyer assistance programs, has named Teresa Di Domenico
program manager at its satellite office in Danbury.
In her new position, Di Domenico will divide her time between
overseeing the delivery of HDF’s homebuyer assistance
services and implementing community outreach in the Greater
Danbury area. The expansion of the Danbury staff is in conjunction
with the overall growth of the organization and its intention
to guide more households into homeownership. Of the 151 homebuyers
HDF helped to purchase homes in 2006, 45 households were located
in Greater Danbury.
Founded in 1989 in Stamford, HDF has expanded to serve the
entire southwestern part of the state, opening its Danbury
office in 2004. Its homebuyer assistance programs include
the First Time Homebuyers Program; SmartMove, a low-interest,
second-mortgage program; Connecticut Housing Finance Authority-approved
homebuyer education classes; and the Below Market Rate Program.
Di Domenico has nine years of experience in residential lending.
Prior to joining HDF, she served as credit analyst for Wachovia
Mortgage in Waterbury, where her responsibilities included
underwriting mortgage loan applications for single- to four-family
residential properties and evaluating mortgage loan applications
for sale to Fannie Mae on the secondary market. She also was
a credit analyst with Peoples’ United Bank in Bridgeport.
“It’s exciting for all of us at HDF to have Teresa
join our growing team,” said HDF President and Chief
Executive Officer Joan Carty. “Her experience in residential
lending fits well with our goal of providing the highest level
of service to homebuyers. Having another staff member in the
Danbury office will also allow us to assist homebuyers in
that area to purchase affordable homes.”
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