Alabama Housing Finance Authority

Snapshot - Developers

Thresholds is Going Digital

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AHFA's Thresholds newsletter, which has been published quarterly since 1994, is changing to a monthly digital edition. Doing so will enable us to deliver current AHFA- and industry-related news straight to your inbox once a month.

We appreciate your support and loyal readership of Thresholds and hope that you will join us in making this transition.

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What's New for Developers

Multifamily Staff Accepts Funding Applications 

AHFA's multifamily staff accepted 42 requests for HOME Investment Partnerships and Housing Credit program funding during the March 18-20 application cycle.

Click here to view the list of applications received 

 

2014 HOME/Housing Credit Application Cycle Results of the Seventh TIe Breaker--March 18, 2014 

According to Addendum A (Page 3, Tie Breaker Number 7) of the Low-Income Housing Tax Credit 2014 State Qualified Allocation Plan, "AHFA will fund the project that has the earliest submission date as evidenced by the time and date stamped by AHFA. Applications that are submitted by 11 a.m., on the first day of the application cycle will be entered into a drawing. The drawing will be held as soon as practical in AHFA's boardroom that same day to determine the order of funding in the event of a tie. An impartial person will be selected to draw. The drawing will be open to the public and the results will be posted on AHFA's website."

The results of the drawing are listed below by project name and number.

  • 2014016, Columbus Square I
  • 2014004, Magnolia Gardens
  • 2014031, Montgomery Senior Residences-Phase 3
  • 2014002, Springridge Apartments
  • 2014010, Grace Pointe
  • 2014029, Hummingbird Landing

 

View a Map of AHFA-Funded Multifamily Developments 

Click here or map icon below.

 small mf map icon  
             To view various Metropolitan Statistical Areas (MSAs), click 
the link above use the +/- sign or click the links listed below:

  1. Birmingham 
  2. Huntsville 
  3. Mobile  
  4. Montgomery  
  5. Tuscaloosa