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Developers' Tips for Success: Dewayne Richardson

This edition of Developers' Tips for Success features Dewayne Richardson. We hope hearing from successful AHFA developers will inspire and educate others who are interested in becoming affordable housing owners/developers or increasing their level of experience.

Development Spotlight: Oak Meadows, Oneonta

AHFA Multifamily Administrator David Young participated in the ribbon-cutting for the newly renovated Oak Meadows in Oneonta. AHFA allocated $547,000 in Low-Income Housing Tax Credits for the makeover.

Developer Interview: Dewayne Richardson on Housing Trust Funds

Developer Dewayne Richardson shares his success in building affordable housing in Eufaula, Alabama, to address community challenges and leverage resources for sustainable growth utilizing Housing Trust Funds (HTFs).

Development Spotlight: Charleston Square, Troy

AHFA’s allocations of $603,000 in Housing Credits and $970,000 previously restructured HOME Loan funds are increasing the development’s safety and energy efficiency.

Developers' Tips for Success: Marcella Roberts, M. Roberts & Associates

Participation in the Low-Income Housing Tax Credit (LIHTC) program and other federal housing programs requires significant individual and team experience/expertise, a tolerance for financial risk, and an ability to obtain major banking and credit relationships.

Moultrie Named 2024 Manager of the Year

Arab native Tenna Moultrie, manager of two multifamily developments in Albertville, has been recognized as the Alabama Housing Finance Authority’s 2024 Manager of the Year.

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