Down Payment Assistance

Closing Cost Assistance Program

With AHFC’s Closing Cost Assistance Program each homebuyer will receive 4 percent of the initial principal balance of the mortgage loan. Example: on a $300,000 mortgage loan, the assistance equals $12,000. The amount may be used toward a down payment and closing costs. Closing cost assistance is funded directly by AHFC at the time of closing and is available through certain approved lenders.

Down Payment Assistance

Nonprofit organizations provide down payment assistance to borrowers purchasing homes with AHFC's AHELP loan option. Funds are subject to availability, and borrowers must meet the organization's guidelines.

Anchorage Area

NeighborWorks™ Anchorage
(formerly Anchorage Neighborhood Housing Services)
480 W. Tudor Road
Anchorage, AK 99503
907-677-8490
907-677-8450 (fax)
www.nwanchorage.org/
*Also administers the Municipality of Anchorage AnCHOR Program

Cook Inlet Lending Center
3510 Spenard Road, Suite 102
Anchorage, AK 99503
907-793-3058
907-793-3079 (fax)
info@cookinlethousing.org
http://cookinlethousing.org/homes-sale/become-homeowner/cook-inlet-lending-center

Southcentral (excluding Anchorage)

Alaska Community Development Corporation (ACDC)
1517 S. Industrial Way, Suite 8
Palmer, AK 99645
907-746-5680
907-746-5681 (fax)
www.alaskacdc.org

Fairbanks Area

Fairbanks Neighborhood Housing Services (FNHS)
534 10th Ave.
Fairbanks, AK 99701
907-451-7230
907-451-7236 (fax)
www.fnhs.org

Interior Regional Housing Authority (IRHA)
828 27th Ave.
Fairbanks, AK 99701
907-452-8315
907-456-8941 (fax)
www.irha.org

Southeast

Alaska Community Development Corporation (ACDC)
1517 S. Industrial Way, Suite 8
Palmer, AK 99645
907-746-5680
907-746-5681 (fax)
www.alaskacdc.org

Tlingit-Haida Regional Housing Authority (THRHA)
5446 Jenkins
Juneau, AK 99803
907-780-6868
907-780-6895 (fax)
www.thrha.org