AHFC Announces $35M in Grants, Tax Credits for Housing Projects

The Alaska Housing Finance Corp. has announced a plan to award $35 million in grants and tax credits in six Alaska communities next year, building or upgrading nearly 200 affordable apartments for low-income and senior Alaskans. An AHFC statement says its 2013 Greater Opportunities for Affordable Living program will generate an estimated $47 million in economic impact, while adding 25 more units than its 2012 total. The program provides grants, federal tax credits and zero-interest loans to stimulate the construction of rental units that reduce homelessness, as well as housing for low-income tenants, senior families and people with disabilities.

KTUU.com

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