Anchorage Affordable Housing and Land Trust purchased the hotels, and executive director Jason Bockenstedt said converting hotel rooms into permanent housing is considerably cheaper than new construction.
ANCHORAGE, Alaska - It’s being called the biggest increase in low-income housing that Anchorage has ever seen in a single year according to a public/private partnership, consisting of nonprofits like the Rasmuson Foundation, The Anchorage Coalition to End Homelessness and the city.
He said it’s also one of the fastest ways to help get people from homelessness into places of their own. On Thursday Bockenstedt offered tours of the Barratt. The 96 units that will soon be available include small single rooms, efficiencies with some kitchen fixtures, and larger one bedrooms. Bockenstedt said rents will vary between $840 a month to $1,150, including all utilities. But at least 70% of those living there are expected to have some type of housing voucher to help them pay.
“It will all depend on what does that cost-benefit look like, and can we find the necessary funding to make that work,” he said.
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