Multifamily Funding Applications Accepted in March

AHFA's multifamily staff accepted 34 final applications for HOME Investment Partnerships and Housing Credit program funding during the March 9-10 application cycle.

AHFA will now begin the process of reviewing the applications, point scoring and conducting site visits. 

Continue to watch for news and updates relating to the 2016 application cycle at
Stay Tuned...

AHFA has something exciting coming up! #LendersTakeASelfie
Realtor Spotlight
Laurie Burgess | Webb & Company Realty, Leeds
Laurie Burgess is the owner of Webb & Company Realty. She has owned Webb & Company for approximately 10 years, has more than 26 years experience in the real estate business, and has been a Top Producer in her area for more than 20 years. She was introduced to AHFA programs through an area lender.
Q: What do you find most rewarding about your job?
A: The most rewarding part of my job is helping people. I love to solve problems, and these programs help me to deliver good news to folks.

Q: What do you think is the greatest benefit of AHFA programs?
A: The down payment assistance is great. The programs afford many people the American dream of owning a home. If these programs weren't in place, there would be so many people that would have to continue to rent.
Q: How long have you worked with AHFA programs?
A: I've worked with AHFA programs as long as I can remember, and I know the Step Up program has helped me sell more homes.
Montgomery Development Provides Security and Affordable Living in a Picturesque Location

Michael and Ellen Boware are thankful to call Kendrick's Way home. Michael says, "Before we came here, we lived in Birmingham and had some friends in Montgomery who'd been trying to get us to move here for years. We came and saw this place, and we were ready." Ellen said, "We immediately filled out an application, and we prayed and left it to the Lord. We were so happy when we got the call saying we got an apartment."

Reatha Simonton agrees. She moved to Kendrick's Way last year after living in another affordable housing development. "I never felt at home there. I feel at home here," she says.

The 72-unit elderly development was financed in part by $1,124,560 in AHFA-administered Housing Credits.

To read more about the residents' experience, visit:
2016 Manager of the Year Nominations Due April 29

Give your top managers the recognition they deserve by nominating them for AHFA's annual Manager of the Year award. Site and property managers for any development financed with AHFA-administered HOME funds or Housing Credits are eligible.

The 2016 winner will be announced May 26 at the Alabama Affordable Housing Association's annual conference. Click here for a nomination package:
HUD CHDO Training to be Held in Jackson, MS

HUD's Office of Affordable Housing Programs is pleased to offer a two-day course targeted to representatives of prospective Community Housing Development Organizations (CHDOs) and new staff of existing CHDOs. This course will be offered at the Jackson, MS HUD field office on May 3 & 4.

CHDO Opportunities in HOME is a training on the HOME CHDO Program regulatory requirements, including:
  • The CHDO set-aside and the relationship between participating jurisdictions (PJs) and CHDOs
  • Criteria an organization must meet to be designated as a CHDO
  • Regulatory requirements pertaining to the development of homebuyer (i.e., for-sale) and rental housing
  • Definition of a CHDO's role as an owner, sponsor, or developer of housing
  • Incentives a PJ may provide to a CHDO, including operating, predevelopment assistance, and CHDO proceeds
This course is intended as a general overview and is particularly suited to new CHDOs and new staff of existing CHDOs. Click here for more information or to register.
The Bollinger Foundation Accepting Scholarship Grant Nominations

The Bollinger Foundation is accepting nominations for their grant which supports the education of children who have lost one or both parents. To qualify, either the deceased parent must have worked - or the surviving parent continues to work - in the field of public or affordable housing or community and economic development. The deadline to submit a nomination is May 6.

For more information about the foundation or to nominate a family for the grant, visit
Customer CareNet Option Provides 24/7 Online Account Management

ServiSolutions customers can manage their accounts online via the Customer CareNet (CCN) service available at

CCN allows customers to make payments, review statements, view basis loan balances, get account notifications and much more. Plus, CCN is mobile friendly!
Alabama Housing Finance Authority | 334.244.9200 | Email | Website

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