The Escambia County Housing Finance Authority (ECHFA or the Authority) serves 21 counties across Florida by offering homeownership programs to first-time homebuyers and former homeowners (Do I Qualify?). The Authority also assists developers of multi-family housing communities through the issuance of tax-exempt revenue bonds. In Escambia County, the Authority is actively involved in developing affordable single family homes through its Urban Infill Program.
The Authority is a public body enabled and operating under the laws of the State of Florida. The Authority was created in accordance with the Florida Housing Finance Authority Law, Part IV of Chapter 159, Florida Statutes, as amended, and by Ordinance No. 80-12, as amended, enacted by the Escambia County Board of County Commissioners on May 29, 1980. Escambia Commissioners are responsible for appointing ECHFA’s governing body that consists of a five-member Board. The ECHFA Board and Registered Agent, Lisa Bernau, may be reached at 700 South Palafox Street, Suite 310, Pensacola, Florida, (800) 388-1970 or by email at email@example.com or by visiting our website at www.escambiahfa.com.
The mission of ECHFA is to help alleviate the shortage of affordable homes available to persons of moderate, middle and low income, which will provide them with safe, sanitary and decent housing; and to assist in making capital available for the financing of construction, purchase, reconstruction or rehabilitation of such homes for such persons at interest rates which they can afford.
The Florida Code of Ethics for Public Officers and Employees, adopted by the Legislature as Part III of Chapter 112, Florida Statutes , contains standards of ethics conduct and disclosures applicable to public officers, employees, candidates, lobbyists, and others in Florida State and local government, with the exception of Judges. The Authority is subject to the provisions of the Florida Code of Ethics. On April 14, 2015, the Board acknowledged and reaffirmed that those provisions of Part III, Chapter 112, Florida Statutes, Code of Ethics for Public Officers and Employees which are applicable to the ECHFA will be enforced and complied with by all employees and Public Officers of the ECHFA. For a full description of the Florida Ethics Laws, visit the Florida Commission of Ethics’ website at www.ethics.state.fl.us, See Ethics Laws.
The "Sunshine Amendment," adopted by Florida voters through a constitutional initiative in 1976 as Article II, Section 8, Florida Constitution, contains standards of ethical conduct and disclosures applicable to public officers and employees. The Authority complies with those requirements, along with the public meetings and public records requirements of Chapters 286 and 119, Florida Statutes.
Since 1980, ECHFA has assisted homebuyers in achieving their dream of homeownership and multi-family developers in reaching their real estate development goals.
The ECHFA has issued over $1 billion of single family mortgage revenue bonds throughout Florida as indicated in the following table.
|Continuous Funding||Current Program|
|$25,000,000||2017 Mortgage Credit Certificate|
The ECHFA has issued over $100 million of multi-family revenue bonds and over $110 million of dormitory revenue bonds for the University of West Florida Foundation, Inc. (UWF) as indicated in the following table.
|$16,440,000||College Trace Apartments||2022|
|$47,927,000||Kinneret Apartments (Series A)||2022|
|$5,373,000||Kinneret Apartments (Series B)||2022|
|$14,050,000||Flint Gardens Apartments||2022|
|$8,700,000||Orange Blossom Village Apartments||2021|
|$11,320,000||Taylor Pointe Apartments||2019|
|$7,950,000||Delphin Down Apartments||2018|
|$9,000,000||Johnson Lakes Apartments||2006|
|$4,650,000||The Meadowrun Project||1993|
|$500,000||Genesis Health Care, Inc. Project||1988 B|
|$8,000,000||Genesis Health Care, Inc. Project||1988|
|$4,060,000||The Enclave Project||1985 B|
|$6,070,000||The Waterford Project||1985 A|
|$6,000,000||Alpine Village Project||1985|
|$3,050,000||Hunters Pointe Project||1985|
|$2,300,000||Sandalwood Apartment Project||1985|
|$2,855,000||Colony House Project||1984|
|$3,000,000||Maison Deville Project||1984|