Alabama Housing Finance Authority (AHFA) and the Alabama Department of Economic and Community Affairs (ADECA) will conduct a public hearing concerning the 2016 National Housing Trust Fund Allocation Plan for the State of Alabama. Both the 2015-2019 Five-Year Consolidated Plan and the Fiscal Year 2016 One-Year Annual Action Plan (Plans) must be amended to reflect how Housing Trust Fund (HTF) awards will be used for the new construction of rental housing for extremely low income (ELI) populations. The Plans contain a preference for projects that target veterans of the U.S. Armed Forces who are homeless or at risk of homelessness.
The public hearing will also address 1) a change in the amount of Fiscal Year 2016 HOME funds provided to the State of Alabama by HUD and 2) how AHFA plans to combine unallocated Fiscal Year 2016 HOME funds with Multifamily Housing Revenue Bonds for new construction of rental housing. Both of these actions constitute amendments to the previously submitted Consolidated Plan and Action Plan.
Public Hearing Details:
Monday, June 27, 2016, at 10:00 a.m., CST
Auburn University at Montgomery, Goodwyn Hall
7061 Senator’s Drive, Room 109
Montgomery, AL 36117
All written comments must be submitted to AHFA using the AHFA-provided comment form and must be received by AHFA by 5:00 p.m. CST on July 26, 2016.
