Alaska Housing Finance Corporation
Even broader in scope, AHFC manages a variety of programs designed to improve the quality of all housing throughout Alaska. Long involved with weatherization and energy-efficiency grants, studies and programs, AHFC is now carrying out research projects with the Cold Climate Housing Research Center that have practical significance for every Alaskan.
In a state with one of the fastest growing senior populations, senior-housing programs are in greater and greater demand. Look into senior housing in many communities, and you'll see your corporation at work.
With the aging population comes increased need for health care services and workers - especially nurses. AHFC is assisting with no-down-payment loans for nurses; and with the shortage of teachers, the same option is available to them. With key military installations based in our state, AHFC is also involved with the long-term financing of new and remodeled housing for military families.
The purpose of the Homeownership Development Program (HDP) is to provide decent housing with improved affordability. HDP funding may be used for real property acquisition and site improvements for new construction of permanent, single family housing. Eligible applicants include only participants in the USDA’s 523 self-help homeownership program, Community Land Trusts and Habitat for Humanity organizations; HDP funds can only be used for eligible projects outside of the Municipality of Anchorage.