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AHFA Affordable Income Subsidy Grant

Administered by:

Alabama Housing Finance Authority (AHFA)
· State · Grant

Funding status: Active

How much assistance

0.50% to 1% of total loan amount

No repayment required.

Eligibility

  • Income limits:
    Lower-income borrowers using HFA Advantage conventional loans
  • First-time buyer required: No
  • Geographic restrictions:
    Statewide in Alabama.
  • Homebuyer education required: No

How to Apply for AHFA Affordable Income Subsidy Grant

Step 1: Automatically applied when qualifying for an HFA Advantage conventional loan through an AHFA-approved lender.

Notes

Only available with HFA Advantage conventional loans. Provides closing cost assistance for lower-income borrowers.

Available Statewide In