ALABAMA MULTIFAMILY LOAN CONSORTIUM

Phone Number: (334) 386-5732

Address: 445 Dexter Avenue, Suite 10025
Montgomery, AL 36104-3775

The Alabama Multifamily Loan Consortium (AMLC) is nonprofit based in Montgomery, Ala. that provides permanent mortgages for multifamily housing statewide. Since its inception in 1996, AMLC has created 4,750 low-income housing units. Most of its work is new construction that leverages low-income housing tax credits. Approximately 60% of its lending is in rural areas.

A 63-unit multifamily housing development in Huntsville. The development provides 16 one-bedroom units, 31 two-bedroom units, and 16 three-bedroom units to families earning 50% and below of area median income.

A 56-unit multifamily housing development in Dothan. The development provides two-bedroom units to seniors earning 50% and below of area median income.

An 84-unit multifamily housing development in Athens. The development provides 20 one-bedroom units, 42 two-bedroom units, and 22 three-bedroom units to families earning 50% and below of area median income.

A 48-unit multifamily housing development in Huntsville. The development provides units to families earning 50% and below of area median income. Eight of the units were created for individuals who have intellectual disabilities.

A 72-unit multifamily housing development in Huntsville. The development provides 20 one-bedroom units, 40 two-bedroom units, and 20 three-bedroom units to families earning 50% and below of area median income.

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ALABAMA MULTIFAMILY LOAN CONSORTIUM

Phone Number: (334) 386-5732

Address: 445 Dexter Avenue, Suite 10025
Montgomery, AL 36104-3775