Alaska Corporation For Affordable Housing (ACAH)
In 2011, the Alaska Legislature passed HB119, amending Alaska Housing’s statutes to allow it to create a subsidiary to develop affordable housing throughout Alaska. As a subsidiary of Alaska Housing, ACAH has the same seven member board as Alaska Housing, with four officers: one president, two vice presidents, and a secretary/treasurer.
ACAH was formed to develop, manage, and operate affordable housing and provide services to support the mission of Alaska Housing. Alaska Housing’s statutes do not provide Alaska Housing with the power to undertake certain types of housing or to participate in some financing and ownership structures. ACAH’s mission is to undertake the types of affordable housing and services that are not open to Alaska Housing directly, but support Alaska Housing’s mission of providing affordable housing and services to individuals and groups in need.
Alaska Corporation for Affordable Housing
Operations and Development Manager
Ridgeline Terrace fills a need for workforce housing in the community, offering 70 units of mixed-income housing -- 50 family and 20 senior apartments. The 5-star plus property features solar-powered hot water and electricity systems that help reduce tenant-paid utility expenses.
Susitna Square contains 18 apartments and offers residents easy access to a municipal park.
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