ServiSolutions will continue to purchase FHA and VA loans that have been insured/guaranteed, despite the government shutdown.

We will also continue to purchase FHA and VA loans that have NOT been subject to such insurance/guarantees provided that the lender understands that failure to obtain such will require an automatic repurchase. Lenders: please note that you have 120 days from closing to secure the mortgage insurance. 

AHFA's Board of Directors approved the draft versions of the 2014 HOME and Housing Credit allocation plans at its September meeting. The next step in the allocation plan process is a public hearing, scheduled for October 3 in Montgomery. AHFA staff will accept written comments concerning next year's plan until November 4.

Visit the AHFA's website to view the draft allocation plans and summary of major changes.

Franklin Hills, a 56-unit development for elderly in Huntsville, hosted its grand opening ceremonies on September 25. The newly constructed complex was financed in part by $774,533 in AHFA-administered Housing Credits.

This community has one and two bedroom apartments offering each resident spacious energy efficient living in a quiet residential neighborhood. Residents can take advantage of Franklin Hills' extensive amenities such as a large clubhouse, game room, and fitness center. In addition, each apartment home is equipped with a microwave, washer/dryer connections, garbage disposal, ceiling fans, ice maker, cable internet ready connections and a large balcony with storage.