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 seven-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.  The 2001 total issuance for Leon County was $10,259,196.  Fiscal Year 2001/02's bond rate was 5.85% which was well below market rates.  108 mortgages were generated during this Fiscal Year.

 Multifamily Bond Program

• Magnolia Terrace Apartments

• Lakes of San Marcos

Each County Commissioner appoints one member to the Housing Finance Authority.  These members volunteer their time which averages three and half hours per month. Members are as follows:

John Lawrence, Chairman

Jeffrey Askins

Robert Brannan

Ross Fleetwood

Jack Harron

George Morris

Danielle Wright

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 maybe required and is financially feasible.

Census Tract Map Showing the Targeted Areas