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Alaska Housing Finance Corporation Announces Federal, State Fund Availability

Tuesday, August 26, 2003 - 1:45AM

The Alaska Housing Finance Corporation (AHFC) last week announced the availability of federal and state funds for the development of rental housing for low- and moderate-income families, seniors and persons with disabilities. The funds will be made available through three separate applications; the GOAL program, the Special Needs Housing Grant Program (SNHG) and the Senior and Special Needs Housing Pre-Development Fund program. Approximately $6 million in grants and $20 million in federal low-income housing tax credits (LIHTC) will be available under these programs. Each program requires a separate application and has separate rating criteria. Sponsors can apply for all three funding sources for the same project. Click here for AHFC’s application, qualified allocation plan and related materials.

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