Sec. 18.56.800. Declaration of purpose.
There exists in the state a serious shortage of decent, safe, and sanitary residential housing available at low or moderate prices or rentals to older individuals. There also exists in the state organizations whose purposes are to provide the kinds of housing needed to alleviate this shortage. Development work to provide such housing involves substantial […]
Sec. 18.56.560. Demonstration projects and information.
The corporation may enter into agreements with public and private agencies to provide demonstration projects and information concerning housing construction in small communities.
Sec. 18.56.810. Senior citizens housing development.
(a) There is created in the corporation a senior citizens housing development fund. Subject to direct appropriation or through proceeds of a bond issue, the corporation shall make grants to municipalities, public or private nonprofit corporations designated as tax exempt under 26 U.S.C. 501(c)(3) and (4) (Internal Revenue Code of 1954), or regional housing authorities […]
Sec. 18.56.580. Loans for multi-family housing.
(a) The corporation may use the housing assistance loan program created in AS 18.56.420 to make loans for the purchase, participation in the purchase, origination, development, or refinancing of multi-family housing in small communities. (b) In this section, (1) “development” means the construction of a new residence or the acquisition, repair, remodeling, rehabilitation, or expansion […]
Sec. 18.56.850. Home energy conservation and weatherization program.
(a) The corporation shall plan, study, implement, and assist programs for home energy conservation and weatherization including, without limitation, the (1) home energy loan program; (2) rural capital retrofit program; and (3) energy efficiency and weatherization program. (b) In the development of a home energy conservation or weatherization program under (a) of this section, the […]
Sec. 18.56.600. Definitions.
In AS 18.56.400 – 18.56.600, (1) “housing” means owner-occupied, single-family housing and owner-occupied duplexes in which not more than 25 percent of the gross floor area is or will be devoted to commercial use; (2) “small community” means a community with a population of 6,500 or less that is not connected by road or rail […]
Sec. 18.56.855. Alaska energy efficiency revolving loan fund.
(a) The Alaska energy efficiency revolving loan fund is established in the corporation to carry out the purposes of this section. The revolving loan fund consists of money or assets appropriated or transferred to the corporation for the revolving loan fund, including money and assets deposited in the revolving loan fund by the corporation and […]
Sec. 18.56.650. Low cost and low income multiple family housing development fund and grants.
(a) There is created in the corporation a low cost and low income multiple family housing development fund. Subject to appropriation the corporation shall make grants to municipalities or public or private nonprofit corporations designated as tax exempt under 26 U.S.C. 501(c)(3) and (4) (Internal Revenue Code of 1954) for the purpose of developing low […]
Sec. 18.56.700. Senior housing office.
(a) There is established in the corporation a senior housing office. The office shall promote a comprehensive response to the needs of senior citizens for adequate, accessible, secure, and affordable housing in the state. In order to fulfill this purpose, the office may (1) study the needs of senior citizens in the state for housing […]
Sec. 18.56.710. Senior housing revolving fund.
(a) The senior housing revolving fund is established. The revolving fund consists of appropriations made to it by the legislature, the proceeds of bonds sold under AS 18.56.790, repayments of principal and interest on loans made or purchased from assets of the fund, and money or other assets transferred to the revolving fund by the […]