Alaska

Incentives/Policies for Renewables & Efficiency

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Second Mortgage Program for Energy Conservation

Last DSIRE Review: 04/10/2009

Incentive Type:	State Loan Program
State:	Alaska
Eligible Efficiency Technologies:	Comprehensive Measures/Whole Building
Applicable Sectors:	Residential
Maximum Amount:	$30,000
Terms:	The maximum loan term is 15 years
Installation Requirements:	Efficiency upgrades must be recommended by an AKWarm certified energy rater
Web Site:	http://www.ahfc.state.ak.us/ loans/second_energy_conserv.cfm

Summary:
Alaska Housing Finance Corporation (AHFC) offers loans of up to $30,000 over 15 years to qualified borrowers through the Second Mortgage for Energy Conservation program. Borrowers apply to AHFC for financing to make energy improvements on owner-occupied properties. Applicants must select from the list of energy upgrades which are provided by an AKWarm certified energy rater. All improvements must be completed within 365 days of loan closing (improvements not listed may not be included in the loan). The interest rate is the Taxable Program 15-year interest rate. Click here for current interest rates.

Contact:

Cary Bolling
Alaska Housing Finance Corporation
Research Information Center
POB 101020
Anchorage, AK 99503
Phone: (800) 478-2432
Phone 2: (907) 330-8164
Fax: (907) 338-1747
E-Mail: cbolling@ahfc.state.ak.us
Web Site: http://www.ahfc.state.ak.us/

Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.