Furrer Appointed to Alabama Housing Authority Board of Directors
03/01/2021
By: Kasey Culbert
Alabama Housing Finance Authority (AHFA) welcomed Annie Furrer to its Board of Directors.
Furrer is City President of the Guntersville office with Citizens Bank & Trust in Guntersville. She succeeds former board member Jennifer Autrey, whose term recently expired.
"I'm honored to serve on the AHFA and look forward to working with the board members to continue to provide homeowner and rental opportunities for Alabamians," said Furrer.
AHFA was created in 1980 by Act No. 80-585 of the Alabama Legislature. AHFA is a public corporation and instrumentality of the State of Alabama dedicated to serving the housing needs of low- and moderate-income Alabamians. AHFA creates housing opportunities through the affordable financing of single- and multifamily housing.
Since 1980, AHFA has helped more than 70,000 Alabamians purchase a home and provided funding for more than 48,000 rental housing units — serving as Alabama’s affordable housing resource.
By statute, AHFA is governed by a Board of Directors that provides policy direction, authorizes bond issues and program development, and evaluates AHFA's efforts. Its members serve staggered seven-year terms. The governor appoints one person from each of the seven congressional districts — two home builders, two real estate brokers, a lender, a mayor and a county commissioner — and one person from the state at large. The lieutenant governor and speaker of the house each appoint two members. The state finance director, treasurer and superintendent of banks serve as ex officio members.
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