A summary of news and current events from AHFA. For additional information, please contact us at webmaster@ahfa.com.
Board member John Moore of Birmingham passed away on April 30. Moore served on the AHFA Board of Directors for more than 25 years. He was a treasured member of the AHFA family and will be greatly missed. The AHFA staff and Board extend sincere condolences to his family and friends.
Members of AHFA's multifamily
staff were in attendance for the April 11 grand-opening ceremonies for Coosa
Village Apartments in Sylacauga. The 56-unit Talladega County development was
funded in part by $840,350 in 2011 HOME funds and $780,399 in Housing
Credits.
Rachel Ellis of WR Starkey Mortgage in Montgomery has been honored as the Alabama Housing Finance Authority’s 2012 Processor of the Year.
The first phase of the redevelopment of Tuscaloosa’s Rosedale Court
was dedicated during a January ribbon-cutting ceremony. Rosedale was
destroyed during the April 27, 2011, tornadoes that devastated much of our
state. The new 88-unit Phase I was financed in part by $1.55 million in
AHFA-administered Housing Credits.