Providence Alaska House Reaches a GOAL
On a sunny day in May, 12 individuals representing organizations that are committed to providing housing for Alaskans broke ground on an exciting new project. They gathered to celebrate the start of construction on a facility that will provide permanent supportive housing for seniors with significant health conditions and experiencing homelessness.
The Providence Alaska House in Anchorage is a collaboration between a wide variety of service providers and partners, including Alaska Housing. The first phase of the $20.5 million project will be a four-story residential building with 51 studio units, as well as space for health provider exam rooms, a computer lab, and administrative offices.
Collaboration Makes Projects Possible
Among those participating in the groundbreaking ceremony was Bryan Butcher, CEO/executive director for Alaska Housing. Earlier this year, AHFC announced the distribution of approximately $20 million in funding to assist six organizations across the state in their efforts to provide affordable housing for low- to moderate-income families and seniors. That included funding for Providence Alaska House.
Alaska Housing’s Greater Opportunities for Affordable Living (GOAL) program provides grants, loans and federal tax credits to developers and project sponsors building affordable rental housing for Alaskans who meet criteria. The funds are provided through a combination of federal and state contributions.
Building for the Future
Providence Alaska House is expected to be completed in August 2023, with tenants able to move in immediately following completion.
“Alaska Housing is grateful to be part of a collaborative effort that will have a substantial impact on so many of our friends and neighbors,” Butcher said.
Click here to learn more about Alaska Housing’s GOAL program and how it can help provide safe, quality and affordable housing for Alaskans.