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ANCHORAGE, AK - January 24, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $3,420,701 in Continuum of Care renewal grants to support 22 local homeless providers across Alaska in the coming year. This year's Continuum of Care awards to Alaska organizations is up some $235,000 from last year's $3,185,936 in funding.

Anchorage, AK - September 10, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan, U.S. Senator Mark Begich and HUD Northwest Regional Administrator Mary McBride today announced the award of an additional $5 million in funding to Alaska communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent the third round of funding of HUD's Neighborhood Stabilization Program (NSP) and will provide targeted assistance to help communities in Alaska acquire and demolish or redevelop and re-sell blighted and foreclosed properties

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.