Parnell Submits Veterans Loan Legislation
Juneau, AK – January 13, 2010 – (RealEstateRama) — Governor Sean Parnell today transmitted legislation to renew the Veterans Mortgage Loan program. If passed by the Legislature, voters in the 2010 general election would be asked to approve $800 million of state-guaranteed bonds. The bonds would be issued by the Alaska Housing Finance Corporation for the purchase of mortgage loans made to qualifying military veterans.
Alaska is home to 75,000 veterans. The loan program is designed to provide the lowest possible interest rates without imposing income criteria for eligibility.
When veterans bonds were last placed on the general election ballot, in 2002, voters approved them by more than 70 percent.
A copy of the bill and transmittal letter is available at: http://www.gov.state.ak.us/pdf/VeteransLoanLetter_Jan8-2010.pdf
No related posts.
Recent Posts
-
- AHFC Seeks to Revamp the Preference System for Housing Choice Voucher Program
- Alaska real estate search simplified for agents, brokers and potential buyers with IDX Broker software
- David Ernst integrates IDX solution onto real estate website, simplifying the online property search
- Senators Seek Responses to Reports of Freddie Mac Taking Financial Interests Against Homeowners
- Fitch, Moody’s, Standard & Poor’s Give Alaska Housing Top Ratings
Popular Posts
-
- AHFC Takes Housing Forums Statewide "Alaska's Housing Market: Built to Last"
- Governor Announces More Board Appointments
- AHFC Board approves $2.58 million for Weeks Field Phase II
- Governor Makes Board Appointments
- AHFC Accepts Applications for Energy-Efficient Loans for Public Buildings
- HUD Awards $3.4 Million To Assist 22 Homeless Programs In Alaska Part Of Administration Plan To Prevent & End Homelessness HUD Continuum of Care Renewal Funding Up $235,000 Over Last Year
- AHFC Awards $26 Million to Cook Inlet Housing Authority for Redevelopment of Loussac Manor
- Delegation Announces Grants to Alaska Programs
- Standard & Poor's Increases AHFC's Bond Rating to AA+
- AHFC Approves $625,000 Zero-Percent Loan to Increase Homeownership in Fairbanks
Comments
No comments yet.
Leave a comment