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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.