August 2020
Update on the 2020 HOME & Housing Credit Competitive Application Cycle
Alabama Housing Finance Authority (AHFA) accepted applications for 2020 HOME and Housing Credits on February 12, 2020. Thirty-seven applications with sites located in 29 different counties were submitted:

  • 15 HOME combined with Housing Credits
  • 22 Housing Credits only
  • 4 Community Housing Development Organizations
  • 6 prior-funded AHFA HOME projects
  • 21 for families
  • 16 for the elderly
  • 23 new construction
  • 14 acquisition/rehabilitation 

On June 25, 2020, AHFA’s Board of Directors approved 20 projects in 20 counties for allocations:

  • 8 HOME combined with Housing Credits 
  • 12 Housing Credits only
  • 10 new construction
  • 10 acquisition/rehabilitation
  • 1,018 Housing Units

A complete listing of the 2020 HOME & Housing Credit approved projects is published at www.ahfa.com.
Updated Compliance Resources
The Compliance Department has recently updated two resources that can be found on the AHFA website.

The updated Compliance Manual can be found at https://www.ahfa.com/multifamily/compliance/compliance-manual.

The HOME Lease Addendum has also been updated and can be found at https://www.ahfa.com/multifamily/compliance/tenant-verifications.

If you have any questions about these resources, please contact Compliance at MFCompliance@ahfa.com.
Alabama Housing Finance Authority | www.AHFA.com