AHFC Awards $34.5 Million to Generate $62.7 Million of New and Upgraded Housing

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"

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.

Alaska USA FCU Deploys Metavante’s Loan Origination Technology to Streamline Mortgage Operation

MILWAUKEE, March 17, 2008 – Metavante (NYSE:MV), a leading provider of banking and payments technology, today announced that Alaska USA Federal Credit Union (FCU) is in production with Metavante’s Loan Origination System (LOS) point-of-sale solution for its mortgage operations. Alaska USA FCU, headquartered in Anchorage, is one of the top 10 credit unions in the U.S. and the largest financial institution in Alaska with $2.8 billion in assets.

Safe Routes to School Program announces grant funding availability

(JUNEAU, Alaska) — Department of Transportation and Public Facilities (DOT&PF) officials today announced the availability of more than $1 million in grants for Alaska communities under the Safe Routes to School (SRTS) program.

DOT & PF sponsors free children’s bridge building event

(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

Senator Stevens Urges Alaskans to Prepare for New Border Crossing Procedures for Land and...

WASHINGTON, D.C. – This week U.S. Secretary of Homeland Security Michael Chertoff announced that on January 31, 2008, the Department of Homeland Security (DHS) will no longer accept oral declarations as proof of citizenship to gain entry into the United States by land or sea. Border crossings will require possession of a passport, other approved single documents, or a combination of two documents such as a driver’s licenses and birth certificate.

City attorney says use of parks and rec money OK

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.

Juneau’s commercial real estate market picks up momentum

Commercial real estate in Juneau appears to be gaining momentum as the tourism industry keeps retail property sales busy downtown and an influx of big box retailers has piqued the interest of smaller national chains, brokers report.

Eagle River Town Center – what will it cost?

Mayor Mark Begich revealed his latest private-public business partnership last week, when he announced plans for the Municipality of Anchorage to purchase Valley River Center Building A along with Andrew Eker, the president of the Alaska Club, from Hickel Investment Co.

Borough officials to pitch tax initiative

In the wake of voters’ rejection of a sales tax, a pair of borough officials pledged Tuesday to propose a statewide initiative aimed at changing state law to increase the allowable residential property tax exemption from $20,000 per home to $100,000.

Epcon Communities to Host First-Ever Alaskan Cruise

DUBLIN, Ohio, Oct. 15 /PRNewswire/ -- Epcon Communities, a leading homebuilding developer and franchise operator based in Dublin, Ohio, has announced the plans for its first-ever residents' cruise, an Alaskan cruise scheduled to depart July 19th through July 26th 2008.

Program aims to help avoid foreclosure

ANCHORAGE, Alaska -- It's estimated nearly 900 homes in Alaska currently face foreclosure, but a new program aims to reduce that number

‘Yes’ and ‘no’: Tax measures: vote ‘yes’ in the city ‘no’ in borough

Fairbanks-area voters will address two tax proposals in Tuesday’s municipal election. People outside the Fairbanks city limits will have a single sales tax question on the ballot, and it should be voted down. Vote “no” on the borough-wide sales tax Tuesday.

Don’t take foreclosure as foregone conclusion

Foreclosure. That word alone can send shivers down any homeowner's back. Besides the embarrassment and disruption to the family, a foreclosure creates more problems than it fixes

City property taxes

Mayor Mark Begich and Anchorage Assembly chairman Dan Coffey are dangling the prospect of a significant drop in property taxes in front of Anchorage voters and taxpayers.

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FERC Proposal Would Roll Back Land Use Fee Hikes for Alaska...

U.S. Sen. Lisa Murkowski, R-Alaska, today welcomed the Federal Energy Regulatory Commission’s (FERC) proposal of a new method to calculate annual charges for hydropower projects on federal lands in Alaska. FERC is seeking comment on the use of a statewide average per-acre land value rather than a regional per-acre land value, which would reduce recent land use fee increases and help lower the cost of future projects.