Moving Forward - Public Housing

 
 

As Alaska and the nation continue to grapple with the wide-reaching impacts of COVID-19, Alaska Housing Finance Corporation remains committed to providing safe, quality, and affordable housing to the people of Alaska. This includes steady focus on the design, enhancement, and implementation of key programs that help define and support the success of future homeowners. Central to AHFC’s public housing program is the goal of helping clients who are able to work achieve success and self-sufficiency without a rent subsidy.

  • $60 million funded by the U.S. Department of Housing & Urban Development (HUD)

  • AHFC owns 1,612 public housing units

  • AHFC distributed more than 4,500 vouchers providing rental assistance in the private market

  • More than 10,000 Alaskans served every night by AHFC’s public housing programs 

 

COVID-19 Hardship 

  • Total number of 1,215 COVID-19 hardship requests

  • Total amount of subsidy provided for hardship requests: $2,423,441 

Moving to Work - Standout Agency

The Moving to Work Demonstration program was authorized by the Omnibus Consolidated Rescissions and Appropriations Act of 1996.

Senator Ted Stevens was instrumental in Alaska’s recognition as a Moving to Work agency.

 

Alaska Housing is one of 139 public housing agencies recognized as a Moving to Work agency. AHFC is a standout among its peers, recognized by HUD as a “high performer.”

 

JumpStart helped 832 households become more financially independent.

Housing Choice Vouchers

  • 5,817 voucher opportunities provided in 12 locations

  • Family finds a private rental; financial assistance moves with them

  • Families must meet income criteria (below 50 % of the area median)

  • Families must meet screening criteria (they cannot have been convicted of certain criminal offenses and previous participation history with public housing agencies will be checked for delinquencies)

 

AHFC’s Housing Choice Voucher lease up rate outperforms HUD’s requirements.

AHFC Maintains Key Partnerships

- Partners in Housing -

- Project Based Vouchers -

  • Loussac Place, Ridgeline Terrace & Susitna Square in Anchorage - 141 vouchers

  • Main Tree Apartments in Homer - 10 vouchers

- Project Based Rental Assistance -

  • Adelaide Building in Anchorage - 70 vouchers

Step

Step guides participants toward financial independence, graduating more than 345 families FY2021.