Senior Citizens Development Fund (SCHDF)
Grants from the SCHDF provide funding for senior citizen housing. SCHDF monies are awarded according to three different AHFC programs which are outlined below. Under all three programs, eligible recipients for SCHDF monies are limited to municipalities or public or private nonprofit corporations designated as tax exempt under 26 U.S.C. 501(c) (3) and (4) of the Internal Revenue Code of 1954.
Greater Opportunities for Affordable Living (GOAL)
The GOAL program provides grants, federal tax credits, and zero-interest federal loans to developers and project sponsors who build affordable rental housing for low- to moderate-income families and seniors. The program is open to for-profit corporations, nonprofit agencies, and regional housing authorities.
Senior Access Program (SAP)
The SAP provides funds for accessibility modifications to existing housing. Examples of eligible activities are construction of ramps and installation of shower grab bars. SAP funds are awarded based on the cost of proposed eligible activities and are capped according to an annually determined amount.
Qualifying seniors must meet the definition of a "senior household" under 15 AAC 151.950 c.10.A. Income and residency restrictions apply.
For more information about this program and its application process, see the Senior Access Program page.
Grant Funding Availability
See the specific program page for current funding availability.
Potential applicants can visit any of these pages at any time during the year to learn about the programs and get a feel for the application processes.
All interested parties should routinely check these pages for details concerning the next application round.
P.O. Box 101020
Anchorage, AK 99510-1020