Alaska Housing Finance Corporation

Access homeownership with a low down payment of just 3% to make buying a home more affordable.

Receive up to $10,000 for building energy-efficient homes.

Streamline energy modeling with AKWarm for better building efficiency.

Calculate energy efficiency adjustments for appraisals efficiently.

Optimizes energy efficiency through real-time monitoring and multi-source data integration.

Enhances energy efficiency for public sector buildings, improving sustainability.

Access no-cost weatherization services to improve home energy efficiency for eligible households.

Provides rental assistance for eligible Alaskans to secure affordable housing in the private rental market.

Programs that reduce upfront purchase costs and enable access to homeownership through low‑down‑payment loans and targeted rebates for new construction.

Products: 3% Down Payment Option, New Home Construction Rebate

Administration and management of tenant‑based, project‑based, and sponsor‑based rental voucher programs that subsidize rents, support portability, and promote housing stability.

Products: Housing Choice Voucher Program

Income‑qualified weatherization, retrofit services, and incentives that lower household energy consumption and reduce utility costs.

Products: Weatherization Program, Alaska Housing Building Monitoring System

Capabilities for modeling building energy performance, determining energy ratings and appraisal adjustments, and supporting compliance with energy standards.

Products: AKWarm Energy Modeling Software, Energy Efficiency Value Calculator

Financing programs that fund energy efficiency improvements for public‑sector buildings such as schools, universities, and municipal facilities.

Products: Public Facility Loan

3% Down Payment Option

Low down payment home loan option enabling purchases with as little as 3% down. Includes a 97% loan-to-value option and can be used in combination with other AHFC loan programs to maximize affordability.

• Minimize Cash Required
  Enables buyers to purchase a home while only making a 3% down payment, significantly lowering the upfront cost.
• Reduce Upfront Costs
  Facilitates entry into homeownership with a smaller financial commitment compared to traditional down payments.
• Combine Financing Options
  Enhances affordability by allowing integration with various loan products offered by AHFC.
• Prepare for Homeownership
  Equips buyers with knowledge and resources necessary for making informed decisions during homebuying.

New Home Construction Rebate

Up to $10,000 rebate for energy-efficient new homes, including single-family to 4-unit residences, with a 5-Star Plus or higher energy efficiency rating.

• Qualify For Energy Efficiency Rating
  To be eligible for the rebate, new homes must meet the specified energy efficiency standards.
• Receive Up To $10,000
  Homebuyers can receive a substantial financial incentive to build energy-efficient homes.
• Covers Various Housing Types
  The rebate is available for different housing configurations, making it accessible to a wider range of homebuyers.
• Apply Now
  Homebuyers should submit their applications as soon as possible to take advantage of the rebate.

AKWarm Energy Modeling Software

A software tool for builders, designers, energy raters, lenders, and homeowners to support energy design, retrofit analysis, and energy rating determination.

• Enhances Energy Design
  Facilitates optimal energy design strategies for greater efficiency and compliance in building projects.
• Determines Energy Ratings
  Provides accurate energy ratings which are critical for assessing building efficiency and eligibility for incentives.
• Facilitates Retrofit Analysis
  Empowers users to evaluate potential upgrades to existing structures for enhanced energy performance.
• Ensures Compliance
  Helps builders and developers adhere to state-mandated energy standards crucial for project approval.
• Offers User-Friendly Interface
  Simplifies the energy modeling process, allowing users without extensive technical knowledge to leverage its capabilities efficiently.

Energy Efficiency Value Calculator

Tool to determine appraisal price adjustments based on energy efficiency, and to search for star levels and estimated energy costs within the AHFC database.

• Adjust Appraisal Values
  Accurately calculates adjustments in property appraisals by assessing energy efficiency levels, ensuring fair market pricing.
• Find Energy Costs
  Offers users the ability to search for expected energy expenses associated with homes, aiding in budgeting and analysis.
• Check Home Star Ratings
  Enables users to evaluate homes based on their energy performance ratings, facilitating informed decision-making.
• Gain Efficiency Insights
  Provides users with useful data regarding energy efficiency trends in Alaska's housing market, helping to promote more sustainable living.

Alaska Housing Building Monitoring System

Free open-source building monitoring system that measures real-time energy use, tracks occupancy and temperature, and integrates data from weather stations and building automation systems.

• Enhances Data Accuracy
  By gathering and analyzing data from multiple inputs, the system improves the accuracy and reliability of energy management insights.
• Facilitates Energy Efficiency
  Real-time monitoring allows for immediate insights into energy consumption patterns, enabling responsive adjustments to reduce waste and costs.
• Improves Comfort Levels
  Current temperature and occupancy levels are monitored to ensure optimal comfort for building occupants and efficient energy usage.

Public Facility Loan

Financing for energy efficiency improvements for public-sector buildings owned by regional educational attendance areas, the University of Alaska, and municipalities.

• Secures Funding
  Ensures public sector facilities can access financial resources to implement energy-saving upgrades.
• Supports Critical Infrastructure
  Aims specifically at enhancing energy efficiency in schools and government buildings, prioritizing community needs.
• Eligible for Government Entities
  Allows various public-sector organizations to apply for loans, ensuring broad access across Alaska.

Weatherization Program

No-cost weatherization services for individuals who meet income limits; services provided by weatherization providers in the AHFC network.

• Qualify Based On Income
  Individuals and families must meet specific income limits to qualify for the Weatherization program.
• Receive Free Services
  Qualified applicants can access weatherization services without any charges, ensuring energy efficiency improvements are affordable.
• Access Professional Providers
  Weatherization services are conducted by certified providers in the AHFC network, ensuring quality and reliability.
• Available For Rentals
  The program extends its services not only to homeowners but also to renters and condos, expanding access to more residents.
• Re-apply For Services
  If a home was weatherized before May 2008, it can be re-eligible, allowing better energy efficiency over time.

Housing Choice Voucher Program

Rental assistance programs including Housing Choice Vouchers, Special Purpose Vouchers, Project-Based Vouchers, and Sponsor-Based Rental Assistance, administered across 12 Alaska communities.

• Provides Diverse Voucher Options
  Families can choose from various voucher types to best suit their rental needs, ensuring flexibility in securing housing.
• Facilitates Private Leasing
  Enables families to use vouchers for renting from various private landlords, increasing housing choices.
• Enhances Mobility For Voucher Holders
  Families can move to different regions while maintaining their rent assistance, which supports community flexibility.
• Accessible Across Multiple Communities
  Ensures rental assistance is offered statewide, reaching diverse Alaskan populations.
• Promotes Financial Empowerment
  Aids families in making informed financial decisions, assisting them in long-term housing stability.