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The Alaska Housing Trust aims to reduce homelessness through the creation and retention of an adequate supply of affordable housing. It will support housing projects serving those at 80% or less of the area median income (AMI)*, with priority for those at 30% or less of AMI.
A broad-based coalition has been formed to advocate for creation of the Alaska Housing Trust to be administered by the Alaska Housing Finance Corporation. At the current time, the coalition is comprised of numerous organizations, including the Anchorage Economic Development Corporation, United Way, Love In the Name of Christ, Wells Fargo, and AARP. The Housing Trust Coalition is continually seeking new members
This session the Alaska Housing Trust Coalition partnering with Alaska Housing Finance Corporation secured 8 million dollars for homelessness programs in Alaska.
Homeless Funds: 500,000 General Fund/ 500,000 Alaska Mental Health Trust, 1,000,000 Alaska Housing Finance Corporation.
Special Needs Housing: 1,750,000
Homeless Program Fund: 4,000,000 AHFC, 650,000 Alaska Mental Health Trust, 2,000,000 receipt authority for federal philanthropy.
Members of the Alaska Housing Trust Coalition are traveling the state this spring conducting Regional Supported Housing Summits. These meetings are designed to help local communities access funding streams and maximize current processes to enhance the delivery of supported housing in their communities.
Regional Supported Housing Summit Documents
Juneau Flyer
Juneau minutes
Fairbanks Powerpoint
Background Materials
* Area median income (AMI) is defined as the median family income for the area, adjusted for household size, as determined annually by the Department of Housing and Urban Development. In Anchorage, the AMI for a family of three is $21,500. In the Northwest Arctic Borough, that number is $18,400.
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