Page 3 - AHFA Annual Report FY2017

Creating a ordable housing opportunities improves the quality of life for all Alabamians. Giving people access to safe, secure, quality a ordable housing strengthens our communities and provides a
foundation for economic and social growth.
For more than 37 years, AHFA has been at the forefront of advancing a ordable housing in Alabama. FY17 was no di erent. AHFA continued to help make homeownership possible by providing more than $163 million in nancing to help more than 1,250 Alabamians purchase a home. Likewise, we administered just over $26 million in funding to help build or preserve more than 1,130 a ordable rental units. In addition, at the close of FY17, our ServiSolutions® division was servicing more than 92,000 mortgage loans comprising a $7.8 billion portfolio.
These and many other accomplishments re ected in this Annual Report are the results of our e ective collaboration with a vast network of housing partners, as well as the hard work, dedication, and wisdom of our board and employees.
We appreciate the opportunity to serve the state’s a ordable housing needs, and we look forward to meeting the challenges in FY18 and beyond.
Dr. Shelton E. Allred Robert Strickland Chairman Executive Director
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