Step Up Success Story
Juan & Alexandrea Irby, Huntsville
The Irbys were finalists in our 2017 #MyAlabamaHome selfie contest. They purchased their home in Huntsville using AHFA's Step Up program. Juan said, "I had always wanted to build my own home. That's been my dream since I was young. Lo and behold, this is it!" After hearing about Step Up from their lender, Alexandrea said, "I started researching it, and saw people who have used the program and saw you can have a nice home...live in a neighborhood you want, and have a new home."
Habitat for Humanity Success Story
Hardest Hit Alabama
Hardest Hit Alabama (HHA) is a foreclosure prevention program that helps eligible homeowners facing temporary financial hardships keep their home. Sometimes through no fault of their own, homeowners run into financial difficulty – a lost job or unexpected medical expenses happen – and they find themselves struggling to make their mortgage payment.
The U.S. Department of Treasury’s Hardest Hit Fund, authorized under the Emergency Economic Stabilization Act of 2008, allocated approximately $162 million to Alabama to provide temporary assistance to help financially distressed homeowners get through a rough patch.
HHA offers several different programs to help Alabamians keep their home. Assistance is available statewide to qualified homeowners.
Rhonda Gay: Homeowner Testimonial
HOME/Housing Credit SUCCESS STORY
Shiloh Apartments, Opelika
Shiloh is a newly constructed development for elderly residents in Opelika that opened in November 2017. In 2015, Shiloh was awarded $765,692 in Housing Credits and $1.2 million in HOME funds, both administered by AHFA.
Michael Lovelace and Sherry Shaw share how they came to live at Shiloh and what they're enjoying most about living in this new development.
Loveman Village, Birmingham
2018 Manager of the Year
Barbara Butts, manager of Shellbrooke Pointe Apartments in Fairhope, was recently honored as AHFA's 2018 Manager of the Year (MOTY). Now in its 21st year, the MOTY award recognizes outstanding management staff at AHFA-funded developments.
Butts oversees the daily operations of the development's 96 affordable housing units. Her nomination package, by Gateway Management Company, includes 32 letters from residents, coworkers, city officials, service agencies, and community leaders praising Butts' character and reputation.
Venezuela-born Dana Quintero Rodriguez is in her first year at the University of Alabama at Birmingham, thanks in part to her Alabama Affordable Housing Association scholarship funds.
"Any scholarship is very helpful because, as many people know, college tuition is very expensive. I wouldn’t be able to go to this school if not for outside scholarships," said Dana. "This is one more organization that decided to help me go to my dream school and do what I want to do."
AUDITED FINANCIAL STATEMENTS
The Alabama Housing Finance Authority is a public corporation and instrumentality of the State of Alabama created July 25, 1980, by Act No. 80-565 of the Alabama Legislature.
The bonds of the Alabama Housing Finance Authority are not obligations of the State of Alabama and are not repaid with tax dollars. AHFA is a self-sustaining organization which pays all operating expenses from program revenues.
Created with images by Lea Böhm - "Home is where…" • Annie Spratt - "Eucalyptus with blank space" • Robfoto - "welcome to our home welcome tablet an" • Pexels - "construction design door exterior house pattern texture" • Kowit Phothisan - "A pot in local restaurant" • Stephanie Studer - "Baskets"