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AHFC Approves $625,000 Zero-Percent Loan to Increase Homeownership
Anchorage, AK - September 17, 2010 - (RealEstateRama) -- Qualifying Alaskans will have greater access to home ownership through a $625,000 loan approved by the Alaska Housing Finance Corporation (AHFC) board of directors Tuesday. The loan will allow Anchorage Neighborhood Housing Services (ANHS), also known as Neighborworks Anchorage, to continue its down-payment assistance loan program for under-served markets, and provide assistance to borrowers who would not qualify for home ownership due to changes in the market, such as higher housing costs or lower interest-rate subsidies.
