Alaska housing board to vote on $3.6M bond for Baxter family project

The Alaska Housing Finance Corporation Board of Directors will vote May 27 on issuing up to $3.6 million in conduit revenue bonds for the Baxter Family Housing Phase II Project.

Conduit bonds allow private developers to access tax-exempt financing through public agencies, which can lower borrowing costs and make housing more affordable. The board will also consider approving the FY2027 Moving to Work Annual Plan, which affects public housing residents statewide.

The meeting begins at 10:00 a.m. at the AHFC boardroom, 4300 Boniface Parkway, Anchorage. Other agenda items include revisions to grant program regulations, approval of FY2027 salary schedules, and a military loan modification for North Haven Communities, LLC.

The public can participate by teleconference by calling 907-330-8452 or emailing [email protected] at least three days before the meeting to request the access code. Reference materials and the electronic board packet are available at ahfc.us.

Individuals with disabilities who need auxiliary aids or special modifications should contact Kayla Richardson at 907-338-6100 three business days before the meeting.