News
AHFC to Finance New Senior Housing Facility in South Anchorage
March 19, 2010 Posted by Alaska RealEstateRama
ANCHORAGE, AK - March 19, 2010 - (RealEstateRama) — Friday, March 19, 2010 – Additional south Anchorage housing will soon be available for seniors. The Board of Directors for Alaska Housing Finance Corporation this week approved an $846,000 mortgage loan to Lumen Park Associates for a 20-unit low- to moderate- income independent senior housing project to be located on the east side of Lake Otis Parkway, near the southeast corner of Abbott Road and Lake Otis intersection.
Mountain View in Anchorage to get Additional Low-Income Housing
March 19, 2010 Posted by Alaska RealEstateRama
ANCHORAGE, AK - March 19, 2010 - (RealEstateRama) — Friday, March 19, 2010 – The Board of Directors for Alaska Housing Finance Corporation Tuesday approved $1.9 million in mortgage loans for Cook Inlet Housing Authority (CIHA) to finance the development of the fourth phase of the Mountain View Village low-income family housing development. A total of 34 housing units will be built at three different locations, consisting of one- to four-bedroom units, renting for between $700 and $1,100 per month to qualified families.
Parnell Submits Veterans Loan Legislation
January 13, 2010 Posted by Alaska RealEstateRama
Juneau, AKL - 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.
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ALASKA STORM VICTIMS
December 21, 2009 Posted by HUD
Foreclosure protection offered to displaced families. WASHINGTON, DC - December 21, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to counties in Alaska and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms, flooding, mudslides, and rockslides.
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.
Rep. Young Cosponsors, Votes For Two Bills To Aid Veterans
October 8, 2009 Posted by Alaska RealEstateRama
Washington, D.C. - October 8, 2009 - (RealEstateRama) — Alaskan Congressman Don Young voted yes today on H.R. 3590, the Service Members Home Ownership Tax Act and H.R. 1016, the Veterans Health Care Budget Reform and Transparency Act, both of which he cosponsored.
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 $2.5 million in Recovery Act funds to improve Native American and Alaskan housing, spur economic development
August 27, 2009 Posted by HUD
Grants bring total HUD’s Recovery Act investment in Native American and Alaskan communities to over a half billion dollars
WASHINGTON, DC - August 27, 2009 - (RealEstateRama) — U.S. Department of Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding five grants, totaling $2.5 million, to Native American and Native Alaskan communities across the country to improve housing and stimulate community development (see below for detailed grant list)
Nine Sentenced in Alaska’s Largest Mortgage Fraud Investigation
August 25, 2009 Posted by Alaska RealEstateRama
ANCHORAGE, AK - August 25, 2009 - (RealEstateRama) — United States Attorney Karen L. Loeffler announced that on August 21, 2009, lead defendant Lance Lockard was sentenced to 70 months in prison for his leadership of a large-scale mortgage fraud scheme
Secretary Chu Announces Funding for Clean Energy Projects on Tribal Lands and Alaska Villages
August 13, 2009 Posted by EERE
Anchorage, AK - August 13, 2009 - (RealEstateRama) — U.S. Energy Secretary Steven Chu today announced up to $13.6 million in multi-year funding for new clean energy projects on tribal lands. Thirty-six Native American tribes and Alaska villages have been selected to receive awards that will advance renewable energy technologies and energy efficiency and conservation projects on tribal lands and rural Alaska villages.
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
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
