Federal Grant Award Summary

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded Alaska Housing Finance Corporation $3,662,964 through the Public Housing Capital Fund (CFDA 14.872) on April 1, 2026, with a completion date of March 31, 2030. This formula-based grant provides capital funding for modernization, development, and infrastructure improvements to public housing units throughout Alaska. Eligible activities under this award include construction and acquisition of additional public housing units, rehabilitation and repair of existing units, management improvements, and emergency repairs necessitated by non-presidentially declared natural disasters or safety concerns.

The Alaska Housing Finance Corporation will utilize these funds to support capital and management activities that enhance the quality and accessibility of public housing stock serving low-income residents across the state. As a state-level Public Housing Agency administering the program, AHFC must allocate funds only for activities specified in an approved five-year action plan or for emergency work, in compliance with 24 CFR Part 905 and 2 CFR 200 Uniform Administrative Requirements. The award reflects the agency's ongoing portfolio of HUD funding supporting public housing operations, development, and supportive services for vulnerable populations throughout Alaska.