Alabama Council for Affordable and Rural Housing (ALCARH) is a non-profit trade organization serving participants in the affordable housing profession for 25 years. ALCARH's goal is to ensure that all people have access to safe, well built, and affordable homes.
Start making plans today to attend CARH's Midyear Meeting, January 26-28, 2015, at Loews Don CeSar Hotel in St. Pete Beach, Florida. 2015 will mark 35 years since the founding of CARH. Help us celebrate this important anniversary by honoring those who have made it possible to reach this milestone!
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On August 11, 2014, the national Rural Development (RD) office informed CARH and other industry groups that they will allow an increase in the management fee limits for 2015. While not official until a Procedural Notice (PN) is issued by RD, state offices were informed that they should notify borrowers to include the increase in the budgets currently being prepared for 2015.
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Notice is hereby given that Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the proposed 2015 HOME Action Plan and the Housing Credit Qualified Allocation Plan (Plans) for the distribution of HOME funds and Housing Credits in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME funds and Housing Credits for all projects.
The proposed Plans are available for download at www.ahfa.com. All other requests for copies must be submitted in writing to the attention of HOME Technician Pam Shedd, Alabama Housing Finance Authority, P.O. Box 242967, Montgomery, Alabama 36124-2967.
The public hearing will be held on Wednesday, October 8, 2014, at 10:00 a.m., Central Time, at Hampton Inn & Suites, 7651 EastChase Parkway, Montgomery, Alabama, 36117.
All interested parties are invited to submit written or oral comments at the public hearing regarding the proposed Plans. All written comments must be submitted using the AHFA-required 2015 Plan Comment Form and must be received by AHFA no later than November 7, 2014. Any persons desiring to present oral comments should appear at the public hearing.