Frequently Asked Questions
About AHA
- How is AHA funded?
- How is AHA governed?
- How many properties does AHA own?
- What is the difference between AHA & AHC?
- What is AHA’s mission statement?
- How is AHA funded?
- Aurora Housing Authority operations are funded primarily from HUD (70%) (including Recovery Act monies), with the remainder of the operations funded by local and state grants, commercial financing, and from the properties' rental income. The mortgage debts of the Authority are secured by the real estate and are NOT obligations of local or state municipalities.
- How is AHA governed?
- The AHA is governed by a five-member Board of Commissioners, the members of which are appointed to five-year terms by the Mayor of the City of Aurora without the advice or consent of the Aurora City Council. The Board appoints an Executive Director who oversees a professional staff experienced in the development, construction, management, and maintenance of affordable housing.
- What properties does AHA own?
- The AHA owns and manages more than 750 units of rental housing.
- What is the difference between AHA & AHC?
- The AHA and Aurora Housing Corporation (AHC) are two independent and distinct agencies with similar missions. Each agency is governed by a separate board and there is no overlap of board members. The AHA board is appointed by the Mayor of the City of Aurora, and vacancies on the Corporation Board are filled by a vote of the remaining Corporation members. The Authority was formed under state statute and city ordinance. The Corporation was formed under non-profit laws and is an independent 501(c)3 organization. The AHC has chosen to execute a contractual relationship with the AHA to provide services to it for a fee.
- For more information contact:
Laurie Baker
720 .251 .2105lbaker@aurorahousing.org - What is AHA’s mission statement?
- To develop and promote quality housing while supporting and encouraging economic opportunities leading to self-sufficiency and independence.