About AHFA

Mission Statement: The Alabama Housing Finance Authority (AHFA) provides homeowner and rental opportunities for Alabamians.

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 through the affordable financing of single- and multifamily housing.

Since 1980, AHFA has helped more than 75,000 Alabamians purchase a home and provided funding for more than 48,000 rental housing units — serving as Alabama’s affordable housing resource.

Homeownership Programs

Through its single-family financing programs, AHFA offers affordable interest rates and entry cost assistance on 30-year, fixed-rate mortgage loans. 

In addition, AHFA purchases mortgage loans from Alabama Habitat for Humanity affiliates. This allows affiliates to continue building efforts while AHFA receives mortgagors' monthly payments for the life of the loan. 

ServiSolutions

ServiSolutions® is the mortgage servicing division of AHFA. In addition to the loans funded by AHFA, ServiSolutions services loans for housing finance agencies in Arkansas, Mississippi, Missouri and North Carolina as well as community banks in Alabama.

ServiSolutions services many different types of mortgages including FHA, VA, Rural Development, conventional uninsured and conventional insured loans. In addition, ServiSolutions services second mortgages, fully amortizing as well as deferred.

Rental Programs

AHFA administers multifamily programs that create affordable rental housing by providing funding and tax incentives that help developers build or rehabilitate properties for Alabama’s low-income families.