Yearly Archives: 2011

Fitch, Moody’s, Standard & Poor’s Give Alaska Housing Top Ratings

ANCHORAGE, AK - December 30, 2011 - (RealEstateRama) -- Despite the economic recession that continues to plague the housing industry nationwide, the Alaska Housing Finance Corporation (AHFC) again received AAA ratings - the highest possible - for bonds issued or converted under its Mortgage Revenue Bond (MRB) indenture, the most recent of which were its 2011 Series A and B and 2009 Series A-2 bonds on November 22, 2011. At that time, the AAA rating was also affirmed for all outstanding bonds previously issued or converted under the MRB indenture. Such ratings reflect the quality of the mortgage loans pledged to the bonds and the additional security provided by dedicated debt service reserve and special reserve funds. Lastly, such bonds are also supported by AHFC's general obligation pledge.

AHFC Announces Funding for Statewide Rental Unit GOAL Grants

ANCHORAGE, AK - December 28, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) yesterday announced its annual Greater Opportunities for Affordable Living (GOAL) grants that will be awarded to five communities statewide for developing and preserving 174 affordable rental units for low-income and senior Alaska families. The GOAL program provides grants, federal tax credits and zero-interest loans to project sponsors who build or renovate affordable rental and supportive housing for low-income, senior families and those with disabilities, as well as rental housing that helps reduce homelessness.

Alaska Housing Finance Corporation Celebrates 40th Anniversary

ANCHORAGE, AK - December 8, 2011 - (RealEstateRama) -- The state's official housing authority, Alaska Housing Finance Corporation (AHFC), is celebrating its 40th anniversary this year, marking a four-decade evolution built on a mission that includes providing access to safe, quality, affordable housing for low- and moderate-income Alaskans in neighborhoods statewide.

Housing Funds Awarded to Villages to Help Improve Retention of Professionals

ANCHORAGE, AK - December 1, 2011 - (RealEstateRama) -- Wednesday, November 30, 2011 - Alaska Housing Finance Corporation (AHFC) announced its intent to award $7.5 million to 10 villages statewide as part of its 2012 efforts to help rural communities recruit and retain nurses, public safety officers and teachers in rural Alaska.


WASHINGTON, DC - November 11, 2011 - (RealEstateRama) -- November is American Indian and Alaska Native Heritage Month and the U.S. Department of Housing and Urban Development is marking the occasion by focusing particular attention on the nearly 1.7 million American Indian and Alaska Native young people. HUD’s Office of Native American Programs has worked with the group of leading national American Indian and Alaska Native organizations who have collaborated with tribal and federal government offices to mark the month with special programs and festivities.

Alaska Housing Finance Corporation Launches Public Housing Subsidiary

ANCHORAGE, AK - November 7, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) this week announced the formation of a subsidiary to positively impact additional development of public housing that will be known as the Corporation for Affordable Housing (CAH).

Homeless Population Database Measures and Tracks Trends and Indicators

ANCHORAGE, AK - October 20, 2011 - (RealEstateRama) -- Of the 6,460 homeless people counted statewide by all the service providers this year, more than half lived in Anchorage, 11 percent have chronic substance abuse issues, and six percent are veterans, according to the Alaska Homeless Management Information System (AKHMIS), the state's first centralized database that stores information like this so staff can monitor and respond to changes and developments among the homeless population.

New funding helps AHFC to expand HOME Opportunity Program (HOP)

ANCHORAGE, AK - October 19, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) awarded $1.7 million in additional funding to two non-profit intermediary agencies to administer the HOME Opportunity Program (HOP). HOP provides principal buy-down, down payment and closing cost assistance for eligible lower income households. With the additional funding, HOP availability will be expanded to areas that have not been previously served throughout Alaska.

IDX solution matches the dedication of real estate broker Nancy Davis to serving her...

EUGENE, OR - October 7, 2011 - (RealEstateRama) -- IDX Broker software is now enabled on the website of Nancy Davis with Davis Realty of Sitka Alaska. Thanks to her partnership with IDX, Inc. the innovative IDX solution can easily be displayed and utilized on her professional website. With the additional Southeast Alaska (SEAKMLS) MLS listings, thousands of properties are automatically synced to the website Davis hosts, giving her clients and other Alaskan home seekers the unique ability to experience a comprehensive property search online. Never before has such an easy-to-use real estate solution been so widely accessible and available to potential buyers, as now thanks to Davis and her IDX solution.

AHFC Ranked Most Efficient Public Housing Agency in the Nation

ANCHORAGE, AK - October 6, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) had the most efficient public housing program in the country during 2010. This according to a report recently published by the Center on Budget and Policy Priorities.

Roppel Returns As AHFC Board Chair

ANCHORAGE, AK - August 26, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) board of directors, at its annual meeting, this year held in Cordova, re-elected Frank Roppel of Wrangell to serve as the board chair. Governor Murkowski appointed Roppel to the board of directors in July 2003, and he has served as chair since that time. Roppel previously served on the Alaska State Housing Authority (ASHA) and AHFC boards for 12 years in the '70s and '80s. He retired from Alaska Pulp Corporation in 2001. Roppel is also chairman of the Alaska Gasline Development Corporation, a subsidiary of AHFC, which recently presented a feasibility study of an in-state gas line aimed at providing gas at the lowest possible cost to a majority of Alaskans.

AHFC Increases Loan Limits and Streamlines Second Mortgage Programs for Alaskans

ANCHORAGE, AK - June 9, 2011 - (RealEstateRama) -- Alaskans now have streamlined options for a second mortgage for home improvements. Alaska Housing Finance Corporation's (AHFC) board of directors has approved the consolidation of various second mortgage programs into a single program that allows for property values to be determined by a method other than a new appraisal for loans up to $100,000 that do not exceed a combined loan-to-value of 75 percent.

AHFC to Close Anchorage Housing Choice Voucher Waiting List

ANCHORAGE, AK - May 13, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) will close the Anchorage Housing Choice Voucher (HCV) waiting list, effective June 1, 2011. AHFC will continue to accept applications in person or by mail if postmarked by May 31, 2011. Other rental assistance programs in Anchorage, such as public housing, and the HCV program in other parts of Alaska will continue to remain open for applications.

HUD Secretary Donovan Announces New Grants for Two Homeless Programs in Alaska

ANCHORAGE, AK - April 29, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $59,632 to two new homeless programs in Alaska.

HUD Awards More Than $900,000 to Provide Housing for People with AIDS/HIV in Alaska

Anchorage, AK - April 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $915,440 to renew support for a statewide HIV-AIDS housing program administered by the Alaska Housing Finance Corporation. The three-year renewal funding is provided under HUD's Housing Opportunities for Persons with AIDS Program (HOPWA) program. These supportive housing grants continue critically needed housing and support services to extremely low-income persons living with HIV/AIDs. During each of the next three years, this HUD funding will help provide permanent supportive housing so they can manage their illnesses while receiving critically needed support services.



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