Yearly Archives: 2009
New Senior Housing Scheduled for Anchorage AHFC Loans, Grants, and Tax Credits Make Project...
Anchorage, AK - May 22, 2009 - (RealEstateRama) — Fifty-nine new units of affordable senior housing are moving forward in Anchorage, secured with long-term financing through Alaska Housing Finance Corporation. The AHFC board Tuesday approved loans totaling $1.5 million for the project known as Eklutna Estates Senior Housing.
Palin Requests Assessment from FEMA
Juneau, AL - May 21, 2009 - (RealEstateRama) — Responding to the flooding on the Yukon and Kuskokwim rivers, the State of Alaska has officially requested a preliminary damage assessment (PDA) from the Federal Emergency Management Agency to evaluate the losses in residential property, businesses and public infrastructure
Economic Recovery Funds to Add Affordable Housing in Alaska
ANCHORAGE, AK - May 13, 2009 - (RealEstateRama) — Nine affordable housing providers in Alaska are sharing more than $16 million in federal funds made available to the state under the federal Housing and Economic Recovery Act of 2008.
AHFC Lowers Interest Rates
Anchorage, AK - May 12, 2009 - (RealEstateRama) — First-time home buyers and veterans may now qualify for lower interest rates through Alaska Housing Finance Corporation. AHFC announced the lower rates for purchases using its Tax-Exempt First Time Homebuyer, Veterans Tax-Exempt, and Veterans Mortgage Programs. The interest rate, which is calculated daily, was 5% and 5.25% for a 30-year loan for these programs at the time of this announcement. However, depending on income and availability of natural gas, the rate could be further reduced when combined with AHFC’s reductions for low-income borrowers and energy-efficient properties.
Obama Administration Awards Almost $3.5 Million In Homeless Grants To 21 Local Housing &...
WASHINGTON - March 02, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced the Obama Administration is awarding $3,467,115 in grants to Alaska organizations to offer homeless individuals and families a wide range of housing and support services
AHFC awards $46.8 million to generate more than $70 million of rental housing
Anchorage, AK - February 02, 2009 - (RealEstateRama) — Communities across the state will benefit from more than $70 million of combined new housing construction and renovation of existing housing designated for seniors, low-income families and persons with disabilities—thanks to $46.8 million in grants and federal tax credits awarded Tuesday by Alaska Housing Finance Corporation.
Alaska Releases Energy Guide, Sets Renewable Energy Goal
January 23, 2009 - (RealEstateRama) — On January 16, Alaska Governor Sarah Palin announced the release of an energy guide that identifies energy options for the state. In a region where residents rely heavily on diesel generators, the guide aims to help Alaskans reduce their use of diesel and reach a goal of generating 50 percent of the state's electricity from renewable sources by 2025
Alaska Property Owner and Contractor agree to pay $30,600 for wetlands violations
Kotzebue, AK - January 05, 2009 - (RealEstateRama) — Quality Asphalt Paving, Inc. (QAP) of Anchorage, Alaska and Kikiktagruk Inupiat Corp. (KIC) of Kotzebue has reached a combined $30,600 settlement with the U.S. Environmental Protection Agency (EPA) for alleged violations of the Clean Water Act (CWA