Developer Interview: Dewayne Richardson on Housing Trust Funds

November 04, 2024

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). Richardson’s approach highlights the importance of understanding local housing needs to attract industry and a qualified workforce, which are crucial for economic development. The Alabama Housing Finance Authority’s allocation of HTFs has allowed Dewayne to prioritize the construction of single-family homes, helping to create a sustainable economic environment and addressing the direct correlation between affordable housing and industry growth. For more information, please visit our website at https://www.ahfa.com/multifamily/multifamily-programs/housing-trust-fund.