LHC Board Approves $245 Million to Develop Multifamily Rental Properties

https://www.ncsha.org/wp-content/uploads/MaineHousing-.Logo_.png The Funds from the American Rescue Plan Act will Develop 74 New Units of Housing for Those Experiencing Homelessness AUGUSTA – MaineHousing is pleased to announce it has awarded $13.2 million in federal aid for three developments that are aimed at helping individuals and families experiencing homelessness in Maine. The developments in Kittery, Farmington…

https://www.ncsha.org/wp-content/uploads/2018/04/Texas-Department-of-Housing-and-Community-Affairs.png AUSTIN – With record-high temperatures across the state this year, Governor Greg Abbott and the Texas Department of Housing and Community Affairs (TDHCA) announced households eligible for the Texas Homeowner Assistance Program (TXHAF) can now apply for help paying past due and future utility payments. Additionally, income-qualifying households will have more time to stabilize…

November 01, 2021

Renee Green-Jones is the Vice President of Mortgage Lending with ServisFirst Bank in Birmingham. She has been in the mortgage business for more than 15 years and has utilized AHFA programs nearly all of that time. After moving to ServisFirst nine years ago, she brought with her the knowledge of AHFA programs and how they can help make homeownership more affordable for Alabamians.

Q: What are some of the biggest changes you have seen in the mortgage business during your career? 

A: The biggest changes I have seen in the mortgage business are the loan products and more restrictive guidelines.

Q: What do you think is the greatest benefit of Step Up for homebuyers? 

A: I close about 30 percent of my business using an AHFA program. The great benefit of the Step Up program for homebuyers is that it allows them to purchase a home with no money down. The program allows homebuyers an opportunity to save the money for extra moving expenses and put money back for unknown expenses.

Q: What makes you recommend the Step Up program to your customers? 

A: I have had many customers that were able to qualify credit wise but did not have the 3% or 3.5% down payment. The Step Up program assisted many of my first-time homebuyers who needed the down payment to ensure they did not exhaust all their funds to purchase a house. The assistance is such a tremendous blessing.

Q: What do you like most about working with our programs? 

A: The process is very simple. You can get an approval in less than three days if your loan officer completes the required tasks in a timely manner. Plus, the people are awesome and really care about the homebuyers. I can really tell that AHFA is serious about serving the community and making a major life changing difference for homebuyers.

Q: What do you think makes you a great lender? 

A: I love serving people and helping them become homeowners. Being a homeowner is an amazing reward. I am so thankful for the opportunity to make a difference in someone’s life. It makes my heart smile to the see the homeowners at the closing table. It is such a blessing!

October 07, 2022

The top Leading Lenders for Fiscal Year 2022, 4th Quarter are, in alphabetical order:

Congratulations to these lenders! We appreciate them closing deals this quarter using AHFA homeownership programs.

https://www.ncsha.org/wp-content/uploads/Rhode-Island-Housing.png Recognition demonstrates agency’s innovative efforts to address housing issues across the state Providence, RI – RIHousing, Rhode Island’s housing finance agency, has been selected as the recipient of two national awards for program excellence from the National Council of State Housing Agencies (NCSHA). The awards recognize RIHousing’s collaborative efforts to reduce energy and energy…