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Incentives/Policies for Renewables & Efficiency

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Small Building Material Loan   

Last DSIRE Review: 11/13/2014
Program Overview:
State: Alaska
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Building Materials
Eligible Renewable/Other Technologies: Not specified
Applicable Sectors: Residential, Multi-Family Residential
Maximum Incentive:$100,000
Terms:Interest rates: 15 year Rural Loan Program plus 0.5% (see AHFC);
Maximum loan term: 15 years
Web Site:

The Alaska Housing Finance Corporation (AHFC) offers a Small Building Materials Loan for applicants to complete or renovate property located within a "small community", as defined in the AHFC glossary.

Applicants may borrow up to $100,000 for projects that improve the livability of a home, improve energy efficiency or expand space. The loan can be applied toward building materials, freight or third party labor costs, and the project should be completed within 180 days of the loan closing. If the owner does not occupy the property, then only duplexes, tri-plexes, and four-plexes are eligible for the loan program. Buildings with more than four units must be financed under the Multi-Family loan program

Interested applicants may find forms and instructions on the AFHC program website, or contact Alaska USA Federal Credit Union. The applicant must submit the completed application package to Alaska USA for processing. 

  Debbie Sims
Alaska Housing Finance Corporation
P.O. Box 101020
Anchorage, AK 99510-1020
Phone: (800) 478-2432
Phone 2: (907) 330-8444
Fax: (907) 338-9716
Web Site:
Alaska USA Federal Credit Union
Real Estate Telephone Loan Center (RETLC)
PO Box 196613
Anchorage, AK 99519-6613
Phone: (907) 786-2800
Phone 2: (888) 425-9813
NCSU - home
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2014 - 2015 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.