Yearly Archives: 2009

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.

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.

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.

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.

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.

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)

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

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.

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

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.

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.

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.

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

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.

Alaska Housing Finance Wins 48 More Vouchers & King County Housing Authority Wins 100 More Vouchers for the Non-Elderly Disabled. SEATTLE, WASHINGTON - June 5, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development has awarded funds $1.078.064 for an additional 100 Housing Choice rental assistance vouchers to the King County Housing Authority and $296,881 for 48 additional vouchers to the Alaska Housing Finance Corporation.