Lands to Housing Catalyst Seward

In September of 2025, Alaska Housing Finance Corporation (AHFC) purchased a 0.33-acre property in Seward using Statewide Housing Development Program (SHDP) funds.  This property was acquired for the purpose of building long-term housing solutions for residents of Seward.  

Through the Lands to Housing Catalyst (LHC) round, AHFC is making this property available to housing developers that commit to building new housing that serves the year-round housing needs of Alaskans living in Seward.  New housing units built are intended to be achievable for working households in Seward to rent or purchase.

Built-In Flexibility: Design Projects That Work for Your Business Model

The program is intentionally structured to allow creative, market-aligned development approaches. All developers with the ability to construct new housing in Seward are invited to apply.

This is an opportunity for builders to secure land, shape communities and deliver needed housing at scale.

  • Eliminates one of the largest barriers to entry — land acquisition cost
  • Provides access to a site vetted through feasibility and planning work
  • Allows for flexibility to design market-responsive housing products

REQUIREMENTS:

Build a minimum of 2 units on the site that will be available for rent and/or sale to households in Seward.  Beyond that, developers have flexibility to deliver:

  • Single-family homes
  • Multi-family rental housing
  • Condominiums
  • Mixed-use developments
  • The type of housing developed is at the discretion of the applicant, so long as it is available to Alaskans
  • Short-term rentals are not allowed

This model enables builders to:

  • Meet affordability thresholds
  • Cross-subsidize with a variety of units
  • Optimize density and land use
  • Align product mix with local demand/needs

This groundwork enables developers to move quickly from concept to construction with a projected build start as early as Summer 2027.

Application Process & Timeline

PRELIMINARY TELECONFERENCE: OCTOBER 28, 2026

AHFC will host a preliminary teleconference on October 28, 2026 at 3:00 p.m. (Alaska Time) to address questions and comments on the application process.

  • Attend in person at 4300 Boniface Parkway (Boardroom), Anchorage, AK 99504
  • Participate via telephone toll-free by calling 1-650-479-3208; access code 2264 532 5139.
  • For video access, contact Ella Holland at eholland@ahfc.us by October 27, 2026.

INTENT TO APPLY FORM DUE: NOVEMBER 6, 2026, 5 P.M.

  • The Intent to Apply form is simple and non-binding
  • Requires only basic organizational information and parcel selection
  • After the November 6 deadline, applicants will have time to walk the properties with their development teams and create concept plans to support their application
  • Full applications and concept plans will be submitted to AHFC by January 22, 2027

Download the Intent to Apply Form and submit by November 6, 2026, 5 p.m., Alaska Time.

Available Property 

Reference & Application Documents

For More Information

Andy Petroni 
Housing Development Programs Manager
907-330-8275 | 1-800-478-2432
apetroni@ahfc.us