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Alabama Housing Authority |
Alabama Housing Authority was established in the year 1980 as a public corporation that created housing opportunities for people belonging to different income groups. It created an era of affordable housing as it took care of the needs of low and middle level income people. The two programs that have become successful ever since its inception are – affordable housing for single family and affordable housing for multi families. Since 1980, the Alabama Housing Finance Authority has helped more than 1 lakh families by providing housing solutions to all. The Alabama housing authority has currently catered to cities like Montgomery, Birmingham, Jefferson County, Huntsville, Decatur, Fairfield, Shelby County and Auburn. It aims in expanding its reach to other parts of the state very soon with the help of its two popular housing programs.
Alabama Housing Finance Authority Step Up Program
The Alabama housing finance authority step up program is formed keeping in mind the middle level income people who need help for down payment of the house. Not everybody is able to afford to heavy payments for housing loans. Thus, with the help of step up program of AHFA the prospective home buyers can earn up to around $97,000 regardless of the size of the entire household and location. 20 years second mortgage scheme is kept for down payment of funds by these people.
Alabama Housing Authority Section 8
In order to be eligible for a Alabama housing authority section 8 you need to attend several interviews, and fill up an application form. The process might seem to be time taking but it assures satisfaction in the end. The section 8 program invites applicants through public announcements and advertisements via the newspaper. Applicants with a criminal background are denied assistances of housing. In, the end once your application reaches the concerned authorities you will be briefed up upon the type of housing you qualify for. The authorities will also tell you the number of bedrooms, size of the house and everything applicable and needed for you and your family. To know more on the section 8 you can call up on their toll free number 800.325.2432.
You can contact the AHFA at the address given below:
7460, Halcyon Point Drive,
Suite – 200
PO. Box No: 242967
Montgomery, Alabama.
You can also log on to their official website for more information on Alabama housing finance authorities: http://www.ahfa.com/
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