Apply for AHFC's $10,000 New Home Construction Rebate

Planning to build or buy your dream home? You may be eligible for $10,000 through AHFC's New Home Construction Rebate.

What is the New Home Construction Rebate?

AHFC's New Home Construction Rebate was created to increase Alaska’s housing inventory while supporting energy-efficient home construction.

The program provides a $10,000 rebate to homeowners who build or purchase newly constructed, owner-occupied homes that meet 5-Star Plus or higher energy efficiency standards, available on a first-come, first-served basis until funds are depleted.

What are the requirements?

• The home's foundation must be completed and inspected on or after January 2, 2025.
• The home must meet a minimum 5-Star Plus or higher energy efficiency standard.
• The home must be owner-occupied.
• The rebate is restricted to single-family residences, duplexes, triplexes and fourplexes where the homeowner occupies one unit.
• Payment is contingent on new home construction being completed within 18 months of application.
• Home completion is determined upon the date of the recorded PUR-102 (Summary of Building Inspections) or date of the Certificate of Occupancy from an approved municipality.

The rebate is not available for developers, investment properties and non-residential buildings

Ready to apply?

The New Home Construction Rebate application is available online.

Apply Now!

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Visit AlaskaHousingEnergy.us to learn more about the New Home Construction Rebate.