Alabama Housing Finance Authority
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From the date of the reservation, the applicant has time constraints (outlined in the reservation letter) set forth in which to submit certain documentation. Failure to submit any one or more of the items by the deadline may cause the reservation to be terminated, unless the owner obtains an approved extension from AHFA prior to the deadline.
Once a 30-day extension has been approved by AHFA, the owner will be charged $1,500 per each 30 days the documentation is delayed past the original due date.
Extension Request Forms
Extension Request Form for 10% Test