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Housing Finance Authority


Leon County Workers

The mission of the HFA is to consider opportunities that increase the availability of affordable housing in Leon County. This includes financing for owner-occupied single-family and multi-family housing units (townhouses and condominiums) and the sale of taxable bonds once approved by the Leon County Board of County Commissioners. The HFA receives revenue in the form of fees from the sale of tax bonds, program participation fees and lien payoffs from housing rehabilitation projects.

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: