Public Notice: Notice of Public Hearing

November 18, 2024

Alabama Housing Finance Authority (the "Authority") proposes to issue and sell up to $100,000,000 aggregate principal amount of its Collateralized Single Family Mortgage Revenue Bonds, 2024 Series D (the "2024 Series D Bonds").  If issued, the 2024 Series D Bonds are intended to be issued as "qualified mortgage bonds" under Section 143 of the Internal Revenue Code of 1986, as amended (the "Code").  The proceeds of the 2024 Series D Bonds will be used to make funds available for the origination of new residential mortgage loans to persons of low or moderate income for the purpose of financing the purchase of newly constructed and existing single family, owner-occupied residences located in any county of the State of Alabama. 

NOTICE IS HEREBY GIVEN, that a public hearing concerning the issuance of the 2024 Series D Bonds, the program of the Authority under which the 2024 Series D Bonds will be issued and the mortgage loans financed by said program will be conducted by the Authority at 10:00 a.m., Central Time, on Tuesday, November 26, 2024, in the offices of the Authority located at 7460 Halcyon Pointe Drive, Suite 200, Montgomery, Alabama 36117. Members of the public are invited to attend and submit comments, either orally or in writing, with respect to the 2024 Series D Bonds, the program of the Authority under which the 2024 Series D Bonds are to be issued and the mortgage loans made a part of such program. Written comments may also be mailed to the Authority prior to the public hearing at the address above.

This notice is intended to comply with the public notice requirements of Section 147(f) of the Code. 

Robert Strickland, Executive Director

Alabama Housing Finance Authority