Alabama

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Alabama Housing Finance Authority (AHFA) published the 2021 Application Instructions and 2021 Application Forms. Questions regarding the AHFA 2021 Application Package may be submitted to AHFA using the 2021 Application Question Form.

The Alabama Housing Finance Authority (AHFA) published the final 2021 HOME Investment Partnerships Program Action Plan and LIHTC QAP. The tentative AHFA 2021 Competitive Application Cycle is as follows:

The Alabama Housing Finance Authority (AHFA) is seeking public input on the development of the 2022 Draft Plans for AHFA Multifamily Programs (HOME, Housing Trust Fund, LIHTC and Multifamily Bonds.) AHFA is collecting responses via this survey, which will remain open through November 4.

Applications for the National Housing Trust Fund (NHTF) Program are being accepted by Alabama Housing Finance Authority (AHFA) for the remaining 2019 and 2020 funding. Applications to be considered for this funding pool must be received by AHFA prior to 5 pm ET, on Monday, January 11, 2021. The NHTF Program Status Report, inclusive of […]

Alabama Housing Finance Authority’s (AHFA) Board of Directors will meet Tuesday, September 22 at 11 a.m. CT in the AHFA offices at 7460 Halcyon Pointe Dr #200, Montgomery, AL 36117.

The Alabama Housing Finance Authority will hold a public hearing at 9:00 am CT on July 21 concerning the proposed 2021 HOME Action Plan, the Housing Credit Qualified Allocation Plan and the National Housing Trust Fund Allocation Plan (Plans) for the distribution of HOME funds, Housing Credits and National Housing Trust Funds in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME, Housing Credits and National Housing Trust Funds for all projects. The hearing will be held at the Riverwalk Stadium located at 200 Coosa Street, Montgomery, AL, 36104.

The Alabama Housing Finance Authority will hold a public hearing at 9:00 am CT on July 21 concerning the proposed Substantial Amendment to the HUD Approved 2020 HOME Action Plan for the distribution of HOME funds in exchange for new construction of low-income projects and for the monitoring of HOME projects. The hearing will be held at the Riverwalk Stadium located at 200 Coosa Street, Montgomery, AL, 36104.

The Alabama Housing Finance Authority Compliance Department is allowing both electronic income verification and electronic signatures while encouraging social distancing when collecting necessary documentation from residents.

During the COVID-19 outbreak the Alabama Housing Finance Authority (AHFA) Multifamily Division will implement emergency measures to address the work of the department in the safest possible manner.

Applications for the National Housing Trust Fund Program (NHTF) are being accepted by Alabama Housing Finance Authority (AHFA) for the remaining 2018 and 2019 funding. Applications to be considered for this funding pool must be received by AHFA prior to 5:00 pm ET, on Friday, March 6, 2020. The NHTF Program Status Report includes pending applications, awards, returned awards and terminated applications.

Alabama property owners that received LIHTCs, LIHTCs with HOME funding or LIHTCs with Multifamily Bond financing from the Alabama Housing Finance Authority and received 8609s for their property, must use DMS Authority Online to complete the Annual Owner Certification by March 2.

An Alabama circuit court ruled against the state Department of Revenue (DoR) concerning its policy of disregarding LIHTC extended-use restrictions when determining assessment of value for property taxes. The Circuit Court of Jefferson County ruled in favor of the Alabama Affordable Housing Association in its lawsuit against the DoR. The court found that DoR’s approach […]