The Alabama Housing Finance Authority (AHFA) provides homeowner and rental opportunities for Alabamians.
Relation to the State Government: Self-Supporting Public Corporation
Current Staff Size: 152
Visit AHFA's Website

1980
AHFA is established

1983
Completed first multifamily bond issue, financing 416 units.

1990
Created the Down Payment Assistance Program

1991
Developed the Habitat for Humanity Loan Purchase Program

2005
Created in-house loan servicing department, later trade-named ServiSolutions.

2014
Introduced the Alabama Home Buyer Initiative

2020
AHFA’s Multifamily Division reported surpassing a total funding of $1 billion
Total Financing Provided
Renters Served Since 1980
Homeowners Served Since 1980
Signature Program
Habitat for Humanity Loan Purchase Program
Through this program, the first of its kind in the nation, AHFA purchases loans from affiliates throughout the state, who in turn use the funds to build more housing for those in need. This process allows the affiliate to receive the loan money up front in a lump sum while AHFA receives the mortgagors’ monthly payments for the life of the loan.
Dollar amount of loans purchased: 29,000,000
Future Focus

Robert Strickland
Executive Director
“AHFA will continue its pursuit to improve access to affordable housing opportunities for Alabamians, including workforce housing and assisting disadvantaged persons.”