Alabama Caucus Information


  • November 3 – Virtual


The AHFA Board of Directors will meet in public session in the AHFA offices on Tuesday, September 26 at 11 a.m.

September 19 – MBAAL Event to Feature AHFA, Freddie Mac, HFH Speakers – Registration – 9:45 a.m. | Session – 10 a.m. | Luncheon – 12:00 p.m.

Challenging economic times require us all to get a little more creative and work a little harder to get Alabamians into homes. Knowing all the options available to serve your clients can make the difference between losing a customer or saving the day. Location: Home Builders Association of Alabama
7515 Halcyon Summit Drive, Suite 200; Montgomery, AL 36117

Registration Information: Cost: ONLY $15 for MBAAL members or Realtors / $25 for non-members
(includes all conference materials, lunch, and door prize drawings)

Register and invoice me! Register and pay!

AHFA – Multifamily Program Updates
2023 Competitive Cycle AHFA will accept competitive Low-Income Housing Tax Credit, HOME, and HTF applications for available funding on July 18, 2023.   See Multifamily Notice 23-09 for details.

6/16/23 – AHFA Public Hearing Information:

Notice is hereby given that Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the proposed 2024 Low-Income Housing Tax Credit Qualified Allocation Plan, HOME Action Plan, and National Housing Trust Fund Allocation Plan (Plans) for the distribution of funds in exchange for the new construction of extremely low-, low-, and moderate-income projects and the monitoring of the funding for those projects. Additionally, AHFA will present a Significant Amendment to the 2023 National Housing Trust Fund Plan for the new construction of extremely low-income rental housing.

The public hearing will be held on Friday, June 30, 2023, at 10:00 a.m., Central Daylight Time, at the HOME Builders Association of Alabama located at 7515 Halcyon Summit Drive, Montgomery, Alabama, 36117. Attendees who wish to speak must register to do so upon arrival at the venue.

Release of the proposed 2024 Plans, HOME-ARP Plan, and associated Comment Form is pending.


If you need accommodations for physical mobility, sensory impairment or language needs to participate in the meeting or review the documents, please contact the AHFA at (334) 244-
9200. Notification 48 hours prior to the meeting will enable the AHFA to make reasonable arrangements to ensure accessibility to the meeting.


4/14/23 – Alabama Community Broadband Technical Assistance Program

In response to the critical need for internet access, ADECA has developed the Alabama Community Broadband Technical Assistance Program. Through this program, ADECA is providing technical assistance for communities seeking to expand broadband infrastructure and services in all of Alabama’s 67 counties. The following meetings have been scheduled to produce insights and the data needed to build broadband planning and deployment capacity. The calendar will be updated as more meetings are scheduled, please visit our website at

Phone:       (334) 353-0767

AHFA News/Updates!

Step Up DPA Gives Buyers Freedom to Choose

New furniture, upgrades, and renovations? Or utility deposits, packing supplies, and moving truck rental? The costs quickly add up for any move. But with up to $10,000 in down payment assistance, AHFA’s Step Up program gives home buyers flexibility in spending for all the expenses – expected or unexpected – that they will incur.   Step Up is a homeownership program designed specifically for moderate-income home buyers who can afford a mortgage but need help with the down payment. Along with the up-front funds, Step Up provides a competitive 30-year, fixed interest rate for homebuyers who earn less than $130,600 and meet standards for creditworthiness. The down payment funds are secured by a 10-year second mortgage. Since the loans are serviced by ServiSolutions, a division of AHFA, homeowners have only one check to write each month. Program participants must also complete a homebuyer education course to qualify, which is typically an online course offered by their lender.   For more information about the Step Up program, including additional savings options, eligibility requirements, and a current list of participating lenders, visit

AHFA FY22 Annual Report “Creating Home”

AHFA to Conclude Temporary Rental Assistance Program, Shift Focus to Long-Term Solution
AHFA’s federally funded Emergency Rental Assistance (ERA) Alabama program has committed more than $173 million to 39,000 of the state’s lower-income households to date.   Due to its success, the program had to stop accepting applications on December 15.   Individuals with applications in process can check their status by logging into their accounts on The ERA Call Center can also be reached at 1-833-620-2434 Monday through Friday, 8 a.m.-5 p.m.   “Though the worst of the pandemic is over, we recognize the ongoing need for affordable multifamily housing in Alabama,” said Young. “AHFA remains committed to addressing that need by doing what we do best – funding the creation and repair of safe and economical rental housing that our state’s financially strapped renters can afford.”
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FHLB-Atlanta News/Updates

2/21/23 ~ 2023 Funding for AHP Homeownership Set-aside Program

Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding for its 2023 Affordable Housing Program (AHP) Homeownership Set-aside Program is now available. The products within this program provide direct assistance to eligible borrowers to help them purchase or rehabilitate a home.

Eligible homebuyers may receive up to $15,000 through the Community Partners product, up to $12,500 through the First-time Homebuyer product, or up to $10,000 through the Community Rebuild and Restore product. Funding for each of these products is available only through FHLBank Atlanta member financial institutions, and funds are available on a transaction by transaction, first-come, first-served basis.

A summary of 2023 Homeownership Set-aside Program products is below. To learn more click here:

First-time Homebuyer Product The First-time Homebuyer product provides up to $12,500 in down-payment, closing-cost, counseling, or rehabilitation assistance in connection with the purchase or purchase and rehabilitation of an existing home.

Community Partners Product The Community Partners product provides up to $15,000 in down-payment, closing-cost, counseling, or rehabilitation assistance in connection with the purchase or purchase and rehabilitation of an existing home by currently employed or retired law enforcement officers, educators, firefighters, health care workers, other first responders, veterans or their surviving spouse, and essential workers.

Community Rebuild and Restore Product The Community Rebuild and Restore product provides up to $10,000 in funding for the rehabilitation of an existing owner-occupied home in in “Emergency Declaration” areas or “Major Disaster Declaration” areas designated by the Federal Emergency Management Agency (FEMA). The homeowner must have at least 30 days of current ownership by life estate or full interest in the fee title and have ownership of the subject property at the time of the “Emergency Declaration” or “Major Disaster Declaration”. The “Emergency Declaration” or “Major Disaster Declaration” must have occurred no later than 36 months prior to the date of application for Community Rebuild and Restore funding.