Alaska Statutes Title 18, Chapter 18.56, Article 02 - Housing Assistance

• Sec. 18.56.400 Powers of Corporation Related to Housing Assistance.
  The board may(1) adopt regulations in accordance with AS 18.56.088 to implement AS 18.56.400 - 18.56.600;(2) make and execute agreements, contracts, and other instruments...
• Sec. 18.56.410 Alaska Energy Efficient Home Grant Fund.
  (a) There is established in the corporation the Alaska energy efficient home grant fund consisting of money appropriated to it by the legislature and...
• Sec. 18.56.420 Housing Assistance Loan Program.
  (a) There is created in the corporation the housing assistance loan program. The corporation shall provide money to originate, purchase, participate in the purchase...
• Sec. 18.56.430 Home Ownership Assistance Fund.
  (a) There is created in the corporation the home ownership assistance fund consisting of money appropriated to it by the legislature and deposited in...
• Sec. 18.56.440 Limitations on Use of Housing Assistance Loan Program.
  The housing assistance loan program may not be used to(1) originate a direct loan or purchase or participate in the purchase of a small...
• Sec. 18.56.450 Operating Loss Reserve Account.
  (a) There is established an operating loss reserve account for the purpose of meeting legal expenses incurred through the foreclosure of properties acquired by...
• Sec. 18.56.460 Security for Loans.
  (a) The corporation shall adopt regulations in accordance with AS 18.56.088 establishing acceptable security for loans originated or purchased in whole or in part...
• Sec. 18.56.470 Interest on Loans.
  (a) The interest rate on a mortgage loan originated or purchased in whole or in part under AS 18.56.420 for small community housing or...
• Sec. 18.56.480 Title.
  (a) Before the corporation originates or purchases a small community housing mortgage loan in whole or in part, the corporation may require a borrower...
• Sec. 18.56.490 Restricted Title Loss Reserve Account.
  (a) There is established in the corporation the restricted title loss reserve account. The restricted title loss reserve account consists of money appropriated to...
• Sec. 18.56.500 Fire Insurance.
  Before purchasing or participating in the purchase of a small community housing mortgage loan, the corporation may require the borrower to agree to purchase...
• Sec. 18.56.510 Loan Origination and Servicing.
  (a) Before purchasing or participating in the purchase of a small community housing mortgage loan, the corporation shall enter into a loan servicing agreement...
• Sec. 18.56.520 Appraisals.
  Before originating or purchasing or participating in the purchase of a small community housing mortgage loan, the corporation may have or may require the...
• Sec. 18.56.530 Energy Audit Exemption.
  In making loans under AS 18.56.400 - 18.56.600, the corporation is exempt from the requirements of AS 46.11.050 (b).
• Sec. 18.56.540 Toll-Free Telephone Number.
  For the purposes of administration of AS 18.56.400 - 18.56.600, the corporation shall arrange for and maintain a toll-free telephone number for the corporation...
• Sec. 18.56.550 Field Offices; Contract Services; Assistance to Others.
  (a) The corporation may establish field offices under AS 18.56.400 - 18.56.600, may hire one or more lending officers, and may contract for the...
• Sec. 18.56.560 Demonstration Projects and Information.
  The corporation may enter into agreements with public and private agencies to provide demonstration projects and information concerning housing construction in small communities.
• Sec. 18.56.570 Regional Allocation. [Repealed, Sec. 8 Ch 134 Sla 2004].
  Repealed or Renumbered
• Sec. 18.56.580 Loans for Multi-Family Housing.
  (a) The corporation may use the housing assistance loan program created in AS 18.56.420 to make loans for the purchase, participation in the purchase,...
• Sec. 18.56.590 Annual Report. [Repealed, Sec. 42 Ch 12 Sla 2006].
  Repealed or Renumbered
• Sec. 18.56.600 Definitions.
  In AS 18.56.400 - 18.56.600,(1) "housing" means owner-occupied, single-family housing and owner-occupied duplexes in which not more than 25 percent of the gross floor...

Last modified: November 15, 2016