The Alaska Housing Finance Corporation plans to distribute $50 million to Alaska homeowners to help with mortgage payments, utility bills and property taxes. The funds come from the American Rescue Plan Act, passed last year by Congress.
There’s financial assistance available to Alaska homeowners impacted by the COVID-19 pandemic, but the April 4 deadline to apply is coming up soon.
“So you can’t be the kind of person who didn’t spend your summers or spend significant time outside of Alaska but just returned to Alaska for a short bit,” Barnes said. “You have to be owner and occupier of that property. You also have to qualify based on your income.” In Wrangell, for example, the income threshold for a household of four people is $82,200. A family of four with a combined income of more than $123,300 would not be eligible.
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