Housing & Development
Rural Communities to Get Teacher and Professional Housing - AHFC Awards Nine Grants for $9 Million
November 2, 2009 Posted by Alaska RealEstateRama
November 2, 2009 - (RealEstateRama) — Nine rural communities have been selected to receive grant funds next year under Alaska Housing Finance Corporation’s Teacher, Health Professional & Public Safety Professional housing program.After a competitive review process, applications approved for new construction are for teacher housing in Mountain Village eight units, Unalaska six units, Koyuk two units, Teller four units, Napaskiak eight units, and Huslia two units. Approved for rehabilitation of existing housing units are Tanana two units and Noatak four units.
First-Time Homebuyers and Veterans - Interest Rates at New Lows
September 10, 2009 Posted by Alaska RealEstateRama
ANCHORAGE, AK - September 10, 2009 - (RealEstateRama) — Wednesday, September 09, 2009 –Alaska Housing Finance Corporation (AHFC) in May announced that by using proceeds from a variety of bond programs, they had lowered interest rates for purchases by first-time homebuyers and veterans.
AHFC Board approves $2.58 million for Weeks Field Phase II
September 1, 2009 Posted by Alaska RealEstateRama
ANCHORAGE, AK - September 1, 2009 - (RealEstateRama) — The Board of Directors for Alaska Housing Finance Corporation meeting approved a $2,577,250 loan for the second phase of the Weeks Field affordable family housing complex in Fairbanks.
HUD secretary Donovan announces $132 million in recovery act funds to improve native American and Alaskan housing, spur economic development
August 12, 2009 Posted by HUD
Grants bring total HUD’s Recovery Act investment in Native American and Alaskan communities to a half billion dollars. ANCHORAGE, AK - August 12, 2009 - (RealEstateRama) — During a visit to an Anchorage, Alaska community today, U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced that HUD is awarding 61 grants, totaling $132 million, to Native American and Native Alaskan communities across the country to improve housing and stimulate community development (see below for detailed grant list). The announcement came during a visit to the Mountain View community in Anchorage, which has received Recovery Act funding. The Secretary was joined by U.S. Senator Mark Begich (D-AK), Anchorage Mayor Dan Sullivan, and other local elected and housing officials
Donovan Awards Almost $5.5 Million To Jump-Start Affordable Housing Construction In Alaska
July 30, 2009 Posted by Alaska RealEstateRama
Recovery Act funding to stimulate the production of affordable units stalled by recession. July 30, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan Tuesday awarded $5,490,631 to jump start affordable housing programs in Alaska that are currently stalled due to the current economic recession. Funded through American Recovery and Reinvestment Act of 2009 (Recovery Act), HUD’s new Tax Credit Assistance Program (TCAP) will allow the Alaska Housing Finance Corporation to resume funding of affordable rental housing projects across the state while stimulating employment in the construction trades.
AHFC seeks senior or co-managers for negotiated bond sales
July 9, 2009 Posted by Alaska RealEstateRama
ANCHORAGE, AK - July 9, 2009 - (RealEstateRama) — Broker-dealers interested in serving as a senior or co-manager for Alaska Housing Finance Corporation’s negotiated bond sales over the next three years have until July 29, 2009 to submit their qualifications to the Corporation.
Fairbanks Seniors to Get Housing Option
June 30, 2009 Posted by Alaska RealEstateRama
Anchorage, AK - June 30, 2009 - (RealEstateRama) — Tuesday, June 30, 2009 –The non-profit Retirement Community of Fairbanks last week secured the final piece of the $5 million needed to accomplish the first phase of its goal to offer safe, quality and accessible housing for Fairbanks area seniors. The organization received approval from the Alaska Housing Finance Corporation’s board of directors for $2.2 million in loans to develop a 20-unit, elderly multi-family apartment building to be named Raven Landing Apartments.
Governor Makes Board Appointments
June 26, 2009 Posted by Alaska RealEstateRama
Anchorage, AK - June 26, 2009 - (RealEstateRama) — Governor Sarah Palin today made appointments to the Alaska Commission on Postsecondary Education and the Alaska Housing Finance Corporation Board of Directors.Alaska Commission on Postsecondary Education
US Energy Dept Reveals Strings Attached
June 5, 2009 Posted by Alaska RealEstateRama
Energy Department Reveals Strings Attached, Asks States to Comment. Anchorage, AK - June 5, 2009 - (RealEstateRama) — The U.S. Department of Energy (DOE) confirmed today there are strings attached to stimulus package funds. DOE is now inviting states to comment on a draft document that they developed for measuring and demonstrating compliance with those strings attached to universal building code provisions of the American Recovery and Reinvestment Act (ARRA). Last month, Governor Sarah Palin vetoed the $28.6 million in federal stimulus funds tied to adoption of building codes by municipalities.
HUD introduces new financing program to expand affordable housing in Indian and Alaska native regions
October 10, 2008 Posted by HUD
Office of Native American Housing offering free workshops to clarify process, answer questions
WASHINGTON, D.C. - October 10, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development announced a new program today that will allow Indian tribes and Alaska Native Regional Corporations to issue bonds and secure loans to finance affordable housing opportunities for […]
Stevens Votes in Support of Housing Relief Package with Amendment Promoting Renewable Energy Development
June 19, 2008 Posted by Alaska RealEstateRama
WASHINGTON, D.C. – The U.S. Senate passed housing stimulus legislation (H.R. 3221) designed to provide tax breaks to certain underperforming companies and for purchasing foreclosed homes. The Foreclosure Prevention Act includes a provision co-sponsored by Senator Ted Stevens (R-Alaska) and Senator Lisa Murkowski (R-Alaska) that extends tax incentives to encourage the production of renewable energy.
AHFC Awards $34.5 Million to Generate $62.7 Million of New and Upgraded Housing
April 15, 2008 Posted by Alaska RealEstateRama
Anchorage, Thursday, April 03, 2008 – Alaska Housing Finance Corporation (AHFC) on March 27 awarded $34.5 million in grants and federal tax credits to communities across the state, which will generate $62.7 million in new housing for Alaskans. The $34.5 million from AHFC will be combined with $28.2 million in loans, sponsor contributions and grants from other agencies and foundations to fund both new construction and renovation.
AHFC Takes Housing Forums Statewide “Alaska’s Housing Market: Built to Last”
April 3, 2008 Posted by Alaska RealEstateRama
Anchorage, Friday, March 28, 2008 – National headlines about the housing market could make anyone nervous. But there are true differences between Alaska’s real estate and the Lower 48 markets. Alaska’s prices are stable, interest rates are low, and Alaska’s economy is strong, Get the facts at a free public meeting hosted by Alaska Housing Finance Corporation and local industry professionals.
DOT & PF sponsors free children’s bridge building event
February 25, 2008 Posted by Alaska RealEstateRama
(JUNEAU, Alaska) — As part of the ongoing Engineer’s Week through Feb. 23, the Alaska Department of Transportation and Public Facilities (DOT & PF) is sponsoring a free children’s bridge building event at the Mendenhall Mall Saturday from 10 a.m. to 1 p.m
City attorney says use of parks and rec money OK
November 15, 2007 Posted by Alaska RealEstateRama
A deal between the Municipality of Anchorage, the Alaska Club and Hickel Investments to purchase Valley River Center Building A received the thumbs up from both the Anchorage Assembly and the municipal attorney Nov. 6.In the joint private-public deal, the Alaska Club and the municipality offered to purchase the building for $3 million Oct. 10.
