New and Upgraded Housing for Teachers, Health Professionals and Public Safety Workers Thanks to $8 Million in Grants from AHFC

Anchorage, AK – December 21, 2012 – (RealEstateRama) — Helping people feel safe, earn a good education and have access to affordable healthcare are all benefits of Alaska Housing Finance Corporation’s (AHFC’s) Teacher, Health Professional and Public Safety Housing (THHP) Grant Program in rural Alaska communities.

AHFC is awarding more than $8 million in 2013 THHP funding to 10 projects that will rehab or build almost 50 housing units in rural Alaska.

Since program inception in 2004, THHP has funded the construction or rehabilitation of 375 units of housing totaling $116 million in total project costs. Seventy seven percent (289) of these units are complete and in service.

Below is a list of the 2013 projects and amount of funding:

Project Units Applicant AHFC Funding

Stebbins New Teacher 4 Bering Strait School District $1,162,880
Napaskiak New VPSO 1 AVCP Regional Housing Authority $337,765
Nanwalek Rehab Health 1 North Pacific Rim Regional Housing Authority $162,858
Kotlik Rehab Teacher 8 Lower Yukon School District $1,350,247
Selawik Rehab Teacher 14 Northwest Arctic Borough SD $1,208,020
Koyuk New VPSO 1 City of Koyuk $387,796
Allakaket Rehab Teacher 5 Yukon Koyukuk School District $688,300
Kaltag Rehab Teacher 5 Yukon Koyukuk School District $760,089
Gambell New Teacher 8 Bering Strait School District $1,891,855
Napakiak New VPSO 1 AVCP Regional Housing Authority $337,765
Total 48 $8,287,575

“We would like to thank Governor Parnell and the Alaska Legislature for helping AHFC provide more and better quality housing for village public safety officers, teachers and nurses in remote areas of our state,” said AHFC CEO and Executive Director Dan Fauske. “Through the competitive grant process, our elected leaders allow AHFC staff to work with applicants to construct and rehab homes at a reasonable cost while also demonstrating their commitment to preserving the lifestyle in rural Alaska and helping communities.”

Five of the new units are for village public safety officer housing, a top priority in Gov. Parnell’s Choose Respect Initiative.

Alaska Housing Finance Corporation (AHFC) is a public corporation with a long history of providing Alaskans access to safe, quality and affordable housing through home financing programs, energy efficiency and weatherization programs, public housing and more. Since 1986, AHFC has contributed $1.9 billion to the State of Alaska’s General Fund.

Contact:
Soren Johansson
AHFC Public Relations Manager
(907) 330-8447
sjohansson (at) ahfc (dot) us

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