Effective Dec. 8, 2022, and until further notice, Alabama Housing Finance Agency (AHFA) will not be accepting Multifamily Housing Revenue Bond applications. AHFA has seen a significant upswing of interest in the Multifamily Bond program over the last year. The 2022 Bond Cap of $138,596,618 was requested by June of this year. As of November 30, AHFA issued approximately $126,000,000 of Multifamily Bond funds to 20 projects in 14 counties yielding 1,143 units in 2022. There are currently four projects in the AHFA Multifamily Bond pipeline.
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