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Alaska Housing Finance Corporation

Alaska Housing Finance Corporation - News

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The commission's nine members, Republican and Democrats, were appointed by President Obama and the majority and minority leaders of both houses of Congress. They worked as volunteers, had no offices and spent most of Although Alaska has 229 of the

Senior Housing Finance Activity: HealthLease, Newcastle, Skilled Healthcare ...
Alaska Housing Finance Corporation (AHFC) has announced its 2014 Greater Opportunities for Affordable Living (GOAL) grants and tax credits, totaling $33.2 million and benefiting five communities across the state. The projects will develop or upgrade a

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including guaranteeing a developer's profits. House Finance Committee member Rep. Mia Costello, R-Anchorage, tried to salvage the project's credibility by introducing a bill transferring the project to the well-regarded Alaska Housing Finance

Fueled by soaring stock market, Alaska's net worth climbs to $103000 per person
Fueled by soaring stock market, Alaska's net worth climbs to $103000 per person In addition, the state has roughly another $10 billion in net assets here and there, in its general fund and in things like the Alaska Housing Finance Corp. with $1.5 billion in equity and in the Alaska Industrial Development and Export Authority with

Alaska Housing Finance Corporation - "Unpacking"

INSIDE REAL ESTATE: Alaska housing agency should build on mission

Congratulations to the Alaska Housing Finance Corp. for being one of the best-managed public housing agencies in the nation. Established 45 years ago to provide “Alaskans access to safe, quality, affordable housing,” its mission is perhaps more important today than ever before.

During the recession of the 1980s, the state legislature grabbed a portion of its profits to help balance its budget and since that time AHFC has made a cumulative contribution close to $2 billion, according to its 2016 annual report. Their mortgage portfolio contains 14,939 loans with a delinquency rate of only 3.7 percent and a foreclosure rate of 0.29 percent — well below the national average.

As of June 30, 2016, AHFC had 1,612 public housing units available with locations as diverse as Nome, Seward, Juneau, Cordova, Anchorage and Mat-Su. However, the combined wait list from all locations was 3,445, demonstrating what public officials across the state have all finally recognized as Alaska’s housing crisis.

Winter heating bills set to rise from colder weather and higher energy costs

The average cost of heating homes will rise this winter due to expected colder weather and higher energy costs, says the U.S. Energy Information Administration. Katie Conway, a spokesperson for the Alaska Energy Authority, explains the impact of a rise in costs will not be felt equally across the state.

The EIA published their annual report titled “Winter Fuels Outlook 2017-18” earlier this week. They report that “average increases vary by fuel, with natural gas expenditures forecast to rise by 12%, home heating oil by 17%, electricity by 8%, and propane by 18%.”

Colder weather is expected to contribute to the majority of the rises in price. The EIA has used data from the National Oceanic and Atmospheric Administration (NOAA) to make their prediction. NOAA has forecast this upcoming winter will be 13% colder than last winter across the United States, “with forecasts ranging from 27% colder than last winter in the South region to 4% colder than last winter in the West.”