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Policies and Programs

These Fiscal Policies are adopted by the Board of Directors in accordance with the investment and debt issuance authority granted to the Corporation in Chapters 18.55 and 18.56 of the Alaska Statutes. Supervision of the Corporation's financial operations is delegated by the Board to the CEO/Executive Director.

The Conduit Revenue Bond Program was reviewed by the Board and implemented by the Finance Department in 2018 in order to provide information and guidance to sponsors on alternate conduit financing of eligible housing projects that meet federal requirements for tax-exempt financing to possibly increase economic flexibility and lower interest costs during the construction period.