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2014 In Review

Offering access to safe, quality and affordable housing matters. AHFC generates socio-economic benefits for Alaskans in need and for the state. From mortgage loans to homeless assistance grants to public housing and energy efficiency, the over 300 Alaskans who serve our neighbors continue to build a better Alaska.

Read about AHFC's successes across the state in the 2014 Annual Report.

Be in the Know: Carbon Monoxide Detection

Carbon monoxide (CO2) is known as the silent killer because it is a hard to detect, invisible, odorless gas that is produced by burning wood, charcoal, natural gas, gasoline, propane, oil, methane, and other common fuels. According to the Center for Disease Control, more than 400 deaths result each year from CO poisoning.

What is Carbon monoxide?
• CO is also produced by automobiles and other gasoline or diesel engines.
• CO enters the body, undetected, through your breathing. CO poisoning can be confused with the flu, food poisoning or other illness.
• High levels of CO can cause death within just a few minutes. A person can be poisoned by a small amount of CO over a longer period of time or by a large amount of CO over a shorter amount of time.
• Carbon monoxide alarms are not substitutes for smoke alarms. Know the difference between the sound of a smoke alarm and the sound of a CO alarm.

Install Carbon monoxide alarms in your home
• CO alarms can be battery-powered, plugged into an outlet, or hardwired into a home's electrical system. Buy only CO alarms that bear the label of an independent testing laboratory. Install a CO alarm outside your home's sleeping areas. If sleeping areas are spaced far apart, each area will need a CO alarm.

When you hear the sound of a CO alarm
• If the CO warning signal sounds, immediately go to a fresh air location and call 911. Stay at the fresh air location until emergency personnel tell you it is safe. If the trouble signal sounds, check for low batteries or other problems.

Reducing CO Risk
• When you are buying home heating or cooking equipment, purchase only products that bear the label of an independent testing laboratory. Have all fuel-burning appliances (furnaces, stoves, space heaters, dryers, and water heaters) professionally installed and maintained.
• If you need to warm a vehicle, remove it from the garage immediately after starting it. Do not run a vehicle, generator, or other fueled engine or motor indoors, even if garage doors are open. Make sure the exhaust pipe of a running vehicle is not covered with snow.
• Never use an oven to heat your home. Make sure your wood or coal-burning stove is properly ventilated directly into the chimney flue. Be sure the chimney flue is fully open when you use your fireplace. Have all chimneys cleaned and inspected once a year.
• Have your fuel-burning home heating system (fireplaces, furnaces, water heaters, wood and coal stoves) - including the flue- inspected by a professional before each heating season.
• Keep dryer, stove, furnace, and fireplace vents clear of ice, snow, dirt, leaves, and other debris.

Recognizing the signs of CO poisoning
Because CO is odorless, colorless, and otherwise undetectable to the human senses, people may not know that they are being exposed. The initial symptoms of low to moderate CO poisoning are similar to the flu (but without the fever). They include:
•Shortness of breath

High level CO poisoning results in progressively more severe symptoms, including:
•Mental confusion
•Loss of muscular coordination
•Loss of consciousness
•Ultimately death

Alaska Housing Market Data

Are Alaskans seeing mortgage interest rates decreasing or increasing? What about the average price of a single family home? The Alaska Department of Labor and Workforce Development has the answers! Click HERE to see data on the housing market in Alaska.

AHFC Awards $36.2 Million in Housing Grants for Low Income Families and Seniors

AHFC strives to make communities stronger by providing access to safe, quality, affordable housing, and is pleased to announce its 2015 Greater Opportunities for Affordable Living (GOAL) grants and tax credits. Funds will be awarded to six projects in Anchorage, Cordova, Juneau and Soldotna. In total more than 180 units will be developed and upgraded benefitting low-income and senior Alaskans.

The GOAL program provides grants, federal tax credits and zero-interest loans to project sponsors who build or renovate affordable rental and supportive housing for low-income, senior families and those with disabilities, as well as rental housing that helps reduce homelessness.

The 2015 program awards generate more than $55 million in economic impact to Alaska’s economy. Three of the projects successfully leveraged AHFC’s awards with $2.2 million from the Rasmuson Foundation.

"The GOAL program is an important tool for creating affordable housing and assisting families and individuals getting safe and sufficient housing. Since the early 1990s the program has funded 5,285 units all across the state. Housing matters and we’re very fortunate to have continuing support from the Rasmuson Foundation,” says Bryan Butcher, AHFC CEO/executive director.
“Providing safe and appropriate housing is a big challenge for Alaska,” says Rasmuson Foundation President Diane Kaplan. “The public/private partnership between AHFC and the Foundation allows each organization to reach further than we otherwise could to offer more of our residents a home that meets their needs. We are happy to co-fund these projects.”

For a summary of each of the funded projects, click HERE.