About AHFA


The Alabama Housing Finance Authority (AHFA) was created in 1980 by Act No. 80-585 of the Alabama Legislature. AHFA is a public corporation and instrumentality of the State of Alabama dedicated to serving the housing needs of low- and moderate-income Alabamians. AHFA creates housing opportunities for low- and moderate-income Alabamians through the affordable financing of single- and multifamily housing.

Our programs have helped more than 100,000 families find homes they could afford.


Homeownership Programs


Through its First Step and Step Up financing programs, AHFA offers affordable interest rates and entry cost assistance on 30-year, fixed-rate mortgage loans to low- and moderate-income homebuyers. 

Working together with Habitat for Humanity, AHFA purchases mortgages from Alabama’s Habitat affiliates. 

   

ServiSolutions


ServiSolutions offers residential mortgage servicing for financial institutions. In this capacity, ServiSolutions can service all types of mortgages including FHA, VA, Rural Development, conventional uninsured and conventional insured loans. In addition, ServiSolutions services second mortgages--full amortizing as well as deferred.

ServiSolutions has been approved as a FHA, VA, Rural Development, Fannie Mae and Ginnie Mae servicer.


Rental Programs


AHFA’s multifamily programs help developers buy land or buildings and build or repair housing creating affordable, rental property for Alabama’s low-income families. These financial incentives encourage developers to increase the supply of rental housing for economically disadvantaged families.

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