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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

HUD and Alaska Housing Finance Corporation agree to increase accessible housing

WASHINGTON, D.C. - October 22, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) and the Alaska Housing Finance Corporation (AHFC) today signed an agreement that will create more housing for persons with disabilities. As part of the Voluntary Compliance Agreement announced today, AHFC agreed to make five percent of its housing stock fully accessible.

HUD introduces new financing program to expand affordable housing in Indian and Alaska native...

Office of Native American Housing offering free workshops to clarify process, answer questions WASHINGTON, D.C. - October 10, 2008 - (RealEstateRama) — The U.S. Department of...

Alaska Home Buyers Remain Confident in the Housing Market

Anchorage, AK - September 4, 2008 - (RealEstateRama) — Recent studies indicate that Alaskans remain confident in the housing market, despite a national decrease in consumer confidence.

Alaskan Seafood Processor fined $38,000 for Polluting the Kenai River

Kenai, AK – August 28, 2008 - (RealEstateRama) — Salamatof Seafoods Inc. (Salamatof), an Alaskan seafood processor plant located in Kenai, Alaska has agreed to pay a $38,000 penalty to settle alleged federal Clean Water Act violations.

Stevens Votes in Support of Housing Relief Package with Amendment Promoting Renewable Energy Development

WASHINGTON, D.C. - August 11, 2008 - (RealEstateRama) — The U.S. Senate today passed housing stimulus legislation (H.R. 3221) designed to provide tax breaks to certain underperforming companies and for purchasing foreclosed homes. The Foreclosure Prevention Act includes a provision co-sponsored by Senator Ted Stevens (R-Alaska) and Senator Lisa Murkowski (R-Alaska) that extends tax incentives to encourage the production of renewable energy.

REP. Young Addresses Energy Summit Looks to Alaska’s Energy Future

Washington, D.C. - July 31, 2008 - (RealEstateRama) — Alaskan Congressman Don Young spoke this morning at the Arctic Energy Summit organized by the Fairbanks Economic Development Corporation. Rep. Young, the Ranking Member on the House Committee on Natural Resources which has oversight on OCS and ANWR, spoke on the importance of utilizing the abundance of energy potential in our nation, from coal, oil, and natural gas to biomass, geothermal, and hydropower

Stevens Bolsters Fleet and Improves Housing for Coast Guard in Homeland Security Bill

WASHINGTON, D.C. – The Senate Appropriations Committee today approved the Fiscal Year (FY) 2009 Homeland Security Appropriations bill, which includes a series of provisions secured for Alaska by Senator Ted Stevens (R-Alaska). Senator Stevens, the most senior Republican on the Committee, worked with Senators from both parties to ensure Alaska received its fair share of federal funding and projects.

Stevens Votes in Support of Housing Relief Package with Amendment Promoting Renewable Energy Development

WASHINGTON, D.C. – The U.S. Senate passed housing stimulus legislation (H.R. 3221) designed to provide tax breaks to certain underperforming companies and for purchasing foreclosed homes. The Foreclosure Prevention Act includes a provision co-sponsored by Senator Ted Stevens (R-Alaska) and Senator Lisa Murkowski (R-Alaska) that extends tax incentives to encourage the production of renewable energy.

Home Energy Rebate Program Kicks Off Today

Anchorage, Friday, May 16, 2008 - Effective today, Alaska Housing Finance Corporation will reimburse homeowners for energy ratings done on their homes, up to $500 per home. Ratings are a prerequisite for Alaskans who wish to participate in the state’s revitalized home energy rebate program.

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