Total Dividend to State Exceeds $2 Billion

The State of Alaska initially capitalized Alaska Housing with $1 billion. We’re pleased to report that total dividends calculated to date, now exceed $2 billion. The initial investment has been paid back, plus some.

While we work to fulfill our mission of access to safe, quality and affordable housing, details of our performance last fiscal year include: 

• The value of our mortgage portfolio rose 7.4 percent to $3.1 billion while the percentage of bonds in the portfolio increased 8.9 percent to $2.2 billion.
• We issued $463.4 million in taxable and tax-exempt bonds during FY18, the largest amount in recent years.
• National rating agencies continued to assess Alaska Housing as one of the strongest housing finance agencies in the country.

This last year has given us reason for having a positive outlook on 2019 and we look forward to working with you to serve Alaskans and the state with enthusiasm and energy while moving toward our 50th year serving Alaskans in 2021.