The Escambia County Housing Finance Authority (ECHFA) is accepting applications to provide tax-exempt revenue bonds to help developers finance qualified multi-family housing developments.
We are authorized to issue both governmental and private activity bonds to achieve our mission of alleviating the shortage of affordable housing by generating capital to build or rehabilitate multi-family rental properties.
In addition to improving the supply of affordable housing, this activity also creates jobs and stimulates economic development.
In fact, ECHFA has issued $100 million of bonds for multi-family rental housing projects and more than $96 million of bonds to finance the construction of dormitories at the University of West Florida. Check out our Portfolio.
The ECHFA’s Multi-Family Application Procedures/Guidelines and the Application can be found here. Please contact the Authority directly with inquiries or to obtain more information.
For more information call us at 800-388-1970 or 850-432-7077.