Because the supply of HOME funds and Housing Credits is limited, AHFA has created a prioritizing system to determine which projects receive funding awards.
AHFA develops and implements allocation plans each year, which include selection criteria, an evaluation process, and compliance monitoring procedures.
Applications are accepted during AHFA-designated funding cycles which generally occur soon after approval of AHFA’s annual program.
AHFA directs application cycles on a competitive basis. Funding decisions are based on the project selection criteria and a point scoring system outlined in the application package.
Current Applications
Please see the links below to review the applications received by AHFA.
Memoranda of Understanding (MOUs)
In compliance with Housing Credit regulations, AHFA is required to execute Memoranda of Understanding (MOUs) with other organizations involved with the process of allocating funds. These MOUs are listed below: