Alabama Affordable Housing

How a Housing Trust Fund can benefit Alabama
Alabama is one of only 5 states that do not have some type of Housing Trust Fund. Housing Trust Funds are an innovative way to fund the production, preservation, and rehabilitation of affordable housing units. A Housing Trust Fund provides increased housing opportunity for young families, seniors and people with disabilities. Right now, too many are having to make choices whether to pay their rent, put food on the table or cover other basics like medicine. Developing more affordable housing not only helps Alabamians in need, it creates new jobs and new tax revenue. A Housing Trust Fund makes sense for Alabama. We need a Housing Trust Fund in Alabama to give families, seniors, people with disabilities, and other Alabamians in need the opportunity to live in a safe, decent, and affordable home.

Alabama

Expansion of the supply of affordable housing for low-income families
Increasing foreclosures, declining home values, escalating rents, increasingly stringent requirements for mortgages is nothing new to Alabamians. HUD considers housing affordable if it consumes no more than 30 percent of a household’s income. In today’s economy, fewer than 60 percent of Alabama’s renters can find housing within that range. An estimated 48 per-cent of Alabama’s renters lack sufficient income to afford a modest, two-bedroom apartment in our state. Persons with disabilities – who earn, on average, only 70 percent of what workers with no disabilities earn – face unique challenges in securing affordable housing that is adapted to their needs. For too long, Alabama leaders have failed to adopt strong housing policies, relying primarily on the federal government to define needs and provide the resources to address them.

Most states have long recognized the importance of helping to provide safe and affordable housing. Alabama has made only two significant forays into public housing policy in the last 30 years: the creation of the AHFA in 1980 and the enactment of a measure promoted by Alabama Arise in 1991 that establishes affordable housing as a matter of public interest and authorizes the expenditure of public funds by counties and municipalities to provide housing for low- and moderate-income people. The AHFA, a public corporation, has been effective in creating low-income rental housing units across the state and in providing home ownership opportunities. The AHFA, however, receives no state funds and is dependent upon program revenues to meet administrative and programmatic costs. The 1991 “public interest” measure similarly provides no state funding for affordable housing programs; rather, it merely provides the authority for counties and municipalities to do so. The need for state assistance to address affordable housing is apparent across Alabama. Read more

Alabama Housing Finance Agency

Making the homeownership dream possible in Alabama
The Alabama Housing Finance Authority (AHFA) was created in 1980 by the Alabama Legislature. AHFA is a public corporation and instrumentality of the State of Alabama dedicated to serving the housing needs of low- and moderate-income Alabamians. AHFA creates housing opportunities for low- and moderate-income Alabamians through the affordable financing of single- and multifamily housing.

Through its First Step and Step Up financing programs, AHFA offers affordable interest rates and entry cost assistance on 30-year, fixed-rate mortgage loans to low- and moderate-income homebuyers. In conjunction with the U.S. Department of Housing and Urban Development, AHFA is offering 100 percent financing through its Step Up program for families displaced by severe weather in the counties declared federal disaster areas.

Creating Opportunities

First Step Program

First Step Program
“100 percent financing for families displaced by severe weather in the counties declared disaster areas...”

Home Education

Home Education
“HOME & housing credit application workshops held free of charge to assist developers with process...”

Alabama Association of Housing and Redevelopment Authorities

Alabama’s poverty fighting network—helping people and changing lives
The Alabama Association of Housing and Redevelopment Authorities (AAHRA) is a non-profit membership association whose mission is to provide assistance and support to Alabama public and affordable housing agencies. AAHRA members provide a number of services related to housing issues for Alabama’s low income residents, including children, elderly and handicapped persons.

Through all of the changes, the Alabama Association has provided the expertise and leadership to assist those in this profession. The Alabama Association of Housing and Redevelopment Authorities has been in the forefront pushing for decent, safe and sanitary housing for the low-income citizens of Alabama.

More Than Housing

Helping Residents

Helping Residents
“Providing training and education for its members with the variety and depth of training offered...”

Housing Leadership

Housing Leadership
“Daily involved in the betterment of our local housing communities throughout Alabama...”

Central Alabama Opportunities Industrialization Center

Investing in Alabama’s local communities
Central Alabama Opportunities Industrialization Center, Inc. (CAOIC) is a community-based, private, non-profit organization which was begun and incorporated in 1968. CAOIC has seven objectives which have served as its guiding light in expanding the program. These objectives embody the mission of equipping untrained, unemployed, and/or underemployed men and women in Central Alabama with the skills to become fully productive members of their communities.

A key mission in CAOIC’s future is to continue to develop and encourage programs which will provide affordable housing to disadvantages citizens in Central Alabama. Central Alabama OIC has been designated as the CHDO (Community Housing Development Organization) for the City of Montgomery and the State of Alabama.

We Help Ourselves

Productive Communities

Productive Communities
“With training people realize the value of discipline, self-pride, self-confidence, and their own value...”

High Standards

High Standards
“The purpose of CAOIC Affordable Home Buyer Program is to help qualified people become owners...”

YWCA Central Alabama

Responding to the needs of women and their families
The YWCA’s Housing Department is committed to providing excellent housing and supportive programming for women, children and families within Central Alabama in order to ensure equal and fair access to a variety of housing types to accommodate multiple needs, doing so in a manner that upholds the dignity of each person it is privileged to serve.

The YWCA Central Alabama has a variety of temporary and permanent housing options for individuals and families. Programs include shelter for victims of domestic violence, housing for families in crisis, transitional housing, permanent housing for seniors and disabled individuals, single men or women with or without children and families. Many YWCA programs also include housing and supportive services that help families achieve stability with independent living.

Supportive Programs

Permanent Housing

Permanent Housing
“Revitalization effort known as YWoodlawn within an underserved area of Birmingham, Alabama...”

Victims Of Violence

Victims Of Violence
“Counselors help women make safety plans, obtain training, jobs and work toward independence...”

Volunteers of America Southeast

Building strong communities through service to one’s fellow man
Volunteers of America (VOA) was founded in 1896 and is one of the nation’s largest and most comprehensive human services organizations, touching the lives of millions people each year across the United States. VOA is a national, non-profit, spiritually-based organization dedicated to helping those in need rebuild their lives and reach their full potential.

Volunteers of America, Southeast, Inc. (VOASI) and its subsidiary corporations provide services in several broad program areas. Through the work of over 600 staff and more than 100 community lay-people VOASI provides Supported Independent Living Services for individuals with chronic mental illness. The Supported Independent Living Program provides 24-hour supervision, support, training and transportation.

ThisWayHome Services

Touching Lives

Touching Lives
“Volunteers of America will continue to prove that there are no limits to caring for people in Alabama...”

Breaking Barriers

Breaking Barriers
“Providing local human service programs and opportunities for individual & community involvement...”

Alabama USDA Rural Development

Financial and technical assistance to rural individuals, families, communities, and businesses
The USDA Rural Development mission goal is to provide or partner with others in providing the financial and technical resources to assist Alabama private citizens, small businesses, nonprofit organizations, communities, cities and counties in assuring that each rural community has what it takes to improve the quality of life and be successful.

The overall mission of USDA Rural Development is to improve the quality of life for rural Americans. Working closely with profit and non-profit sectors, along with state, tribal, and local governments, USDA Rural Development changes the way in which the Federal government does business. Ensuring rural citizens can participate fully in the global economy and by providing assistance programs to rural Americans for a stronger economy to be built and improving the quality of life for all.

Rural Development

Helping Rural Communities

Helping Rural Communities
“Grants are available to qualified organizations to develop programs to assist low-income rural areas...”

USDA Assistance

USDA Assistance
“Program assistance is provided in many ways, including guaranteed loans, grants and education...”

Alabama Association Of Habitat Affiliates

Working with Alabama families, sponsors and communities to build affordable, green, quality homes
Founded in 1976 by Millard and Linda Fuller, Habitat for Humanity International is a nonprofit, ecumenical Christian housing ministry dedicated to eliminating substandard housing and homelessness worldwide and to making adequate, affordable shelter a matter of conscience and action. Habitat has built and renovated over 200,000 houses worldwide since 1976.

Alabama Association Of Habitat Affiliates (AAHA) supports Habitat affiliates in Alabama by helping God’s people in need of decent shelter. We help the helpers, recruit new sources of support to eliminate poverty housing in Alabama and improve people’s awareness of the need for good, decent housing. AAHA develops statewide cooperative programs to help affiliates improve their operations, and facilitates organization of new Habitat affiliates.

Christian Housing Ministry

Strong Housing Values

Strong Housing Values
“Through home sponsors, donations, and volunteer time, building affordable homes in Alabama...”

First Time Ownership

First Time Ownership
“Building better lives with affordable housing help for low-income individuals in local communities...”

American Recovery and Reinvestment Act

Expanding online government operational procedures at the state level
In February of 2009, President Obama and the U.S. Congress signed the American Recovery and Reinvestment Act to jumpstart the economy, save and create jobs, provide a helping hand to people affected by the recession, stabilize state and local budgets, and make investments that will provide long-term economic benefits.

While the funds won't solve all of the challenges facing Alabama and the nation, they are critical to getting Alabamian’s back on track. The funds will help rebuild our infrastructure, grow the economy, stabilize the budget and get Alabama back to work. The Recovery Act is designed to stimulate the economy through measures that, among other things, create jobs, preserve and improve access to affordable health care, and protect those in greatest need.

Stimulus Accountability

Accountability

Accountability
“Providing transparency of ARRA funds by listing the appropriation of earmarked funds in detail...”

Alabama Recovery

Alabama Recovery
“Alabama’s goal is to maximize stimulus dollars in order to strengthen the economy and create jobs...”

Alabama Manufactured Housing Association

Manufactured housing news, legislative representation, education and networking
The Alabama Manufactured Housing Association (AMHA) is a state trade association representing all segments of the manufactured housing industry, including manufactured home builders; suppliers; retailers; community developers, owners, and managers; insurers and financial services companies.

AMHA works to promote fair laws and regulations, increase and improve financing options, promote a positive image of manufactured housing, provide technical analysis and counsel, and remove zoning barriers to the use of manufactured housing. Through these various programs and activities, AMHA promotes the use of manufactured housing so that more Alabamian’s will be able to realize their dream of homeownership.

Affordable & Efficient

Quality-Built Homes

Quality-Built Homes
“Manufactured homes are built inside a controlled factory environment for quality assurance...”

Home Affordabilility

Home Affordability
“As housing costs climb, home ownership is simply beyond the financial reach of a growing number...”

Alabama Housing Authorities

Community property and housing programs for low and moderate income residents
Alabama housing programs are designed to create solutions to abandoned, substandard and unaffordable housing by assisting in the development of housing for low and moderate income individuals and families. These home programs are formed to assist affordable housing grants, funds for affordable housing assistance and promoting economic opportunity.

Housing programs provide quality, affordable housing opportunities and promote independence for lower income families, elderly and persons with disabilities. Community downpayment assistance funds are provided to low and moderate income residents to provide annual grants on a formula basis to entitlement cities and counties to assist in developing communities.

Community Development

Building Communities

Building Communities
“Rehabilitation of residential and non-residential structures, construction of public facilities and...”

Community Support

Community Support
“Partnering with local organizations and individuals to advocate for positive housing change...”

Housing and Urban Development

Alabama Department of Housing and Urban Development - HUD
HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination. HUD offers many government assisted programs and resources for Alabama homebuyers and renters.

HUD awards grants to local organizations and groups for a variety of purposes. Working with local nonprofit organizations to invest in their communities through property rehabilitation and resell to first time home buyers and low to moderate income families. HUD programs have helped millions of people from being homeless by supporting local communities initiatives.

Making Homes Affordable

HUD's Mission

HUD's Mission
“Tackling the economic, financial, and community development issues of the current environment...”

Open Initiative

Open Initiative
“Transparency, participation, and collaboration that form Alabama's' affordable low-income housing...”

FHLBank Community Programs

Federal Home Loan Bank System cooperative bank that offers low-cost banking services
The Federal Home Loan Bank System provides a stable source of funding to federally insured depository institutions. 12 regional banks in the Federal Home Loan Bank System, which raises funds in the global financial markets and distributes the proceeds to members and local communities. Each year 10 percent of annual net income is set aside to provide funding for affordable housing development and down payments and closing costs for eligible homebuyers purchasing a home.

Serving the needs throughout Alabama, including the homeless, first-time homebuyers, elderly, low-income persons with HIV/AIDS and families making home repairs. The benefits of FHLB extend beyond providing a home for low-income families – the programs ensure affordable housing for future generations, creates jobs and stimulates economic growth.

Making a Difference

FHLBANK Atlanta

FHLBANK Atlanta
“Serving the housing needs of communities by providing community development initiatives locally...”

Low Cost Financing

Low Cost Financing
“Affordable home loans and economic development credit to local communities and neighborhoods...”

NeighborWorks Alabama

Increasing affordable homeownership and community revitalization improvement
NeighborWorks Alabama has a mission of providing affordable housing and development opportunities to revitalize communities and improve the standard of living and quality of life for Alabama residents. NeighborWorks benefits communities in many ways by providing affordable housing opportunities for individuals.

The NeighborWorks organization has a mission of addressing housing issues, particularly for low-income and moderate-income individuals. By partnering with local lenders, government officials and entities, communities and others, CommunityWorks provides much-needed assistance and development to many families and communities across the state. NeighborWorks assists in providing safe, decent, and affordable housing to improve the quality of life in Alabama.

Community Programs

Hardest Hit Fund

Hardest Hit Fund
“Struggling to pay your mortgage? You can now receive forgivable loans through Hardest Hit Fund...”

Home Assistance

Home Assistance
“Promoting homeownership for low- and moderate-income households throughout Alabama...”

Making Home Affordable Program

Stabilizing the housing market and helping struggling homeowners get relief
In February 2009, the Obama Administration introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis to get our economy back on track. A critical piece of that effort is Making Home Affordable, a plan to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure.

Alabama homeowners can connect with free HUD-approved counseling organizations, locate free events in their area, find the application documents necessary to apply for the Making Home Affordable Program, as well as find answers to frequently asked questions and much more. The Making Home Affordable Program includes opportunities to modify or refinance your mortgage to make your monthly payments more affordable.

Help for Homeowners

Modification Program

Modification Program
“Providing eligible home owners the opportunity to modify their mortgages to make them affordable...”

Alternatives Program

Alternatives Program
“Provides opportunities for homeowners who can no longer afford to stay in their home but want to avoid...”

Northeast Alabama Community Development Corporation

Inspiring communities to strive for excellence through community development creativity and innovation
The Northeast Alabama Community Development Corporation (NACDC) was founded on the need to create a vehicle to assist residents living in Calhoun, Clay, Talladega, Cleburne, Coosa Tallapoosa, and Randolph counties in improving their communities. Out of much concern for affordable housing in rural areas of Northeast Alabama, NACDC was formed to provide affordable housing, to recruit and promote economic development projects, and youth leadership opportunities for low-to low moderate income residents in Northeast Alabama.

Through collaboration with other nonprofits, local government, and area businesses, NACDC provides much needed services to residents interested in improving their home and community.

Addressing Inequalities

Job Programs

Job Programs
“Providing job training and employment services for eligible individuals over the age of 55 in Alabama...”

Home Rehabilitation

Home Rehabilitation
“Stabilizing and revitalizing targeted neighborhoods in Alabama through a Rental Rehab Program...”

Alabama Rural Coalition for the Homeless

Helping low income households in Alabama purchase a home
Since 2004, the Alabama Rural Coalition for the Homeless (ARCH) has taken the lead in advocacy, training and education on issues of homelessness in rural Alabama. Our board of directors represents housing and service providers, ten year plan groups and continuum of care groups from counties across the state. Homelessness is too often misunderstood and overlooked and ARCH strives to educate and change public opinion about homelessness in rural Alabama.

ARCH is composed of homeless housing and service providers, faith communities, governments, housing authorities, community action agencies, members of the homeless and formerly homeless communities, businesses, advocates and members of the general public, from 42 rural counties in the state of Alabama.

Homelessness Prevention

End Homelessness

End Homelessness
“Striving to educate and change public opinion about homelessness in order to eradicate homelessness...”

Housing Options

Housing Options
“Downpayment assistance and flexible loan products aimed at helping low income households...”

Southern Rural Development Center

Discovering new ideas and applying new strategies
The Southern Rural Development Center (SRDC) seeks to strengthen the capacity of the region's 29 land-grant institutions to address critical rural development issues impacting the well-being of people and communities in the rural South. With financial support from the W.K. Kellogg Foundation, SRDC launched a systematic effort to hear from the people of the South.

SRDC helps to stimulate the formation of multi-state research teams and coordinates the development and revision of educational materials and maintain a centralized repository of educational resources. SRDC provides leadership for the preparation of science-based rural development policy reports and builds partnerships that link the South's land-grant university system with other key entities committed to rural development activities in the region.

Connecting Communities

Building Communities

Building Communities
“Economic development strategies that make sense for many rural communities of the South today...”

Enhancing Communities

Enhancing Communities
“Program services that concentrate a focus on low-wealth areas by enhancing distressed communities...”

Low Income Housing Coalition Of Alabama

Focusing on the needs of extremely low income people with a shortage of affordable housing
Low Income Housing Coalition Of Alabama (LIHCA) is dedicated solely to achieving socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes. LIHCA helps to preserve existing federally assisted homes and housing resources, to expand the supply of low income housing and to establish housing stability as the primary purpose of federal low income housing policy.

As a policy advocacy organization, LIHCA is not able to provide direct assistance to people looking for affordable housing. However, they offer a Congress Representative search you can look for help in your area.

Housing Stability

Mission Objectives

Mission Objectives
“Change public opinion, increase the capacity of low income advocates, and assist policy makers...”

Housing Priorities

Housing Priorities
“The National Low Income Housing Coalition has been serving community building needs since 1974...”

National Rural Housing Coalition

Support for the need for affordable rural housing for the low-income
In 1969 a group of concerned rural community activists, public officials, and non-profit developers formed the National Rural Housing Coalition (NRHC) to fight for better housing and community facilities for low-income rural people. Today, NRHC is still on the job in the nation’s capital promoting and defending the principle that rural people have the right, regardless of income, to a decent place to live or an affordable home, clean drinking water, and basic community services.

National Rural Housing Coalition works to focus policy makers on the needs of rural areas by direct advocacy and by coordinating a network of rural housing advocates around the nation.

Rural Community

An Effective Advocate

An Effective Advocate
“Promote a non-profit delivery system for rural housing and community development programs...”

NRHC's Focus

NRHC's Focus
“Design new programs and improve existing programs to better serve the rural poor communities...”