Assistance Provider Loan Program

How the Program Works

The program was developed to provide an incentive to increase the availability of housing that is occupied by a live-in care provider who provides assistance in activities of daily living for individuals with either a physical or mental disability (the Resident). The home can provide services for seniors, mental health individuals or for foster children with special needs. The property should be modest in nature, appropriately sized for the number of residents and provide the necessary accessibility, equipment and therapy features.

Additional Considerations

  • Borrowers may be individuals, partnerships, joint ventures, nonprofits, trusts or regional housing authorities.
  • Properties may be single-family residences, duplexes, triplexes or fourplexes.
  • Housing must be licensed by the appropriate authority based on its intended use.
  • At least two Residents must reside in the home with a maximum of five Residents.

Potential borrowers may contact

Melanie Smith
Multi-Family Underwriter II
907-338-6100 
800-478-2432 (outside Anchorage, but within Alaska)
907-338-9716 (fax)
Alaska Housing Finance Corporation
4300 Boniface Parkway
P.O. Box 101020
Anchorage, AK 99510-1020