Category: Headlines

While our doors remain physically closed due to COVID-19 for the foreseeable future, Alaska Housing Finance Corporation remains open for business. We provide essential services to Alaskans that include financing mortgage loans, administering public housing programs, responding to questions about energy efficiency, grants, tax credits and more.

The IRS has begun depositing Economic Impact Payments into people's bank accounts as part of the $2.2 trillion COVID-19 relief package. To help Alaskans understand this program and any steps they may need to take, Alaska Housing offers this summary of the program.

The spread of (COVID-19) coronavirus underscores the importance of us delivering on our mission to “provide Alaskans access to safe, quality and affordable housing.” I’m grateful for the partnership we share with you, whether you work in homeless prevention and treatment programs, as one of our landlords, an underwriter, at a government agency, as an Alaskan who trusts us as the investor in your loan, or as one of our employees.

On March 16, 2020 Governor Dunleavy signed HB 206 that included Homeless Assistance Program funding. Two days later, Alaska Housing’s Planning department sent grant agreements totaling $7.2 million to 35 nonprofit providers in 13 communities that provide emergency or transitional housing and/or services to prevent homelessness or rehouse those who have been displaced.

The in-person homebuyer education class, HomeChoiceTM, is cancelled for the foreseeable future but taught via webinar. Another alternative that’s perfect for home study is the online course Finally Home!

Highlighted accomplishments include: $45.6 million dividend, an increase of $6.6 million compared to the previous year; Value of mortgage portfolio up 6% to $3.4 billion, bond portfolio increased 6% to $2.4 billion...

Alaska Housing created the open-source Building Monitoring System known as BMON that measures real-time energy use to provide a summary of building operational performance. Energy use of Alaska Housing properties, including its headquarters, are managed by the system and data is provided publicly. With a click of a button, Alaska Housing can review energy-use trends and identify signs of potential problems in heat and electric supplies across its senior and public housing units. 

In rural areas individuals struggling without shelter often find haven inside the home of another family member or friend. Without a nonprofit shelter and in some of the most extreme climates on earth, families don’t have another choice.