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OUR MISSION
The mission of the Housing Finance Authority is to consider Leon
County affordable housing financing for owner-occupied single-family
and multi-family housing units to include townhouses and
condominiums, which includes the sale of taxable bonds once approved
by resolution of the Board of County Commissioners.
WHO WE ARE
The Housing Finance Authority (HFA)
is a seven member, dependent special district. Since its creation,
the HFA has issued or joined with other counties to issue
single-family mortgage revenue bonds. This year the HFA
recommended to the County to continue its ten-year association with
Escambia County Housing Finance Authority to issue bonds, using the
combined allocations of many counties to maximize funds, obtain the
lowest possible interest rate and allow moving of mortgage fund
allocation from one county to another as the need dictates.
Each
County Commissioner appoints one member to the Housing Finance Authority. These
members volunteer their time, which averages three and a half hours per
month. Members are as follows:
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John Lawrence, Chairman
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Robert Brannan, Vice Chairman
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Danielle Wright, Secretary
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Jeffrey Askins
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Ross Fleetwood
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Jack Harron
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George Morris
OUR PROGRAMS
Multifamily Bond Program
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Magnolia Terrace Apartments
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Lakes of San Marcos
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Housing Project
- North Florida Magnolia Village
- thirty-nine studio apartments for individuals who are considered
chronically homeless
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$125,000 in funding through Lutheran Social Services
First Time Homebuyer
Single Family Mortgage Revenue
Bond Program
This program is designed to make
purchasing a home more affordable for low and moderate income
homebuyers by providing first time homebuyers with below market
interest rate mortgage loans with three different rate options. Two
of the options provide the homebuyer with down payment and closing
cost assistance.
SPECIAL PROJECTS
Special
Needs: Households with person with physical disabilities: 1. Install wheelchair ramps.
2. Install grab bars in showers and bathtubs.
3.
Retrofit kitchens and bathrooms for accessibility.
4.
Other work that may be required and is financially feasible.
Census Tract Map Showing
the Targeted Areas
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