Remembering April 27, 2011
In April 2011, tornadoes and heavy winds carved 1,100 miles of destruction across Alabama. When the weather cleared, nearly 250 people were dead and 23,000 structures were damaged or destroyed.
The damage stretched like a scar across our state. Forty-three counties were declared disaster areas eligible for individual assistance under the authority of the Robert T. Stafford Disaster Relief and Emergency Assistance Act.
The Alabama Housing Finance Authority corralled its resources to serve storm victims and help Alabama rebuild.
Through its multifamily programs, AHFA funded 45 projects in the disaster counties (69% of the total number of projects funded in 2011-2014), creating 2,822 affordable housing units with $33.2 million in Housing Credits and $25.7 million in HOME funds.
In addition, AHFA allocated another $3 million, targeted specifically to disaster relief efforts in the wake of the April tornadoes, to the Habitat for Humanity Loan Purchase Program. Through this program, AHFA purchases mortgage loans from the state's Habitat affiliates.