The process of acquiring a property is very much complicated. It's financially troubling and at the same time, mentally and physically draining. First time homebuyers are faced with so much issues and concerns when they decide to buy a house.
There are question pertaining to affordability, safety, practicality, and many others. This is where state government agencies come in. In the state of Alabama, the local government has constituted the Alabama Housing Finance Authority in an effort to address these aforementioned concerns.
The Alabama Housing Finance Authority, more commonly referred to as AHFA, is a public corporation which was established in the year 1980 under the Act No. 80-585 of the Alabama Legislature.
Since its conception, the Alabama Housing Finance Authority has been serving the housing needs of low- and moderate-income Alabamians by way of the creation of housing opportunities through the affordable financing of single- and multifamily housing.
Alabama Housing Finance Authority
About The Author
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.
A part of a series produced by The Huffington Post in celebration of #GivingTuesday, which will take place this year on December 3, Kathy Calvin and Henry Timms vouch that we are living in a new era of philanthropy.