Homeowners that faced economic hardships due to the COVID-19 pandemic have until 11:59 p.m. on Monday to apply for Alaska homeowner assistance from the Alaska Housing Finance Corp.
ANCHORAGE, Alaska - Homeowners that faced economic hardships due to the COVID-19 pandemic have until 11:59 p.m. on Monday to apply forThe Alaska Housing Finance Corporation encourages any Alaska homeowners facing pandemic-related financial hardships to apply immediately, especially if they owe any back utilities or mortgage payments.
Residents still qualify even if they have paid off their home but still pay for property taxes and utilities. The funding for the Alaska homeowner assistance program comes from theAccording to the press release from the corporation, over $9.9 billion in federal funds have been allocated across the U.S. Butcher said that if funds are not distributed to Alaskans, they will be distributed elsewhere in the U.S.“If the money is not utilized in Alaska it gets redistributed in other states.
“The income ranges for Alaska Housing Homeowner Assistance are more generous than its rent relief predecessor, however, the requirements and nuances are much more complex with far more intricacies that must be considered as part of the review process,” Butcher said in the press release.
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