Alaska Stat. § 18.55. § 18.55.350
Availability of housing units
Operative Text
The corporation shall make the housing units held by it under AS 18.55.300 — 18.55.470 available for rental to eligible persons upon application in the form it prescribes, and at the moderate rentals that it considers proper, or for sale at the prices and subject to the terms and conditions that it considers fair and equitable. The corporation shall use the money it receives from the sale of housing or housing projects held by it under AS 18.55.300 — 18.55.470, and the revenue from rentals, after payment of obligations and deductions for proper expenses of maintenance and operation, for the construction of further housing, under the terms of AS 18.55.300 — 18.55.470.
Under AS 18.55 § 18.55.350, the Alaska Housing Finance Corporation is required to make its housing units available to eligible persons either for rent at moderate rates or for sale at fair prices and terms. The corporation sets its own application forms, rental amounts, and sale conditions. Revenue generated from rentals and sales—after covering obligations and operating expenses—must be reinvested into constructing additional housing under the same statutory program.
Plain English — not legal advice.
AS 18.55 § 18.55.350 governs the Alaska Housing Finance Corporation's role as a housing provider rather than private landlords directly, but operators who participate in or interact with AHFC programs should understand that the corporation is required to offer units at moderate rentals and equitable sale terms to eligible applicants. Compliant program participants generally ensure their applications and transactions align with the forms and conditions the corporation prescribes. Understanding how the corporation recycles rental and sale revenue into new housing construction can help operators anticipate the scope and priorities of AHFC-administered programs.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
AS 18.55 § 18.55.350 establishes that eligible persons have the right to apply for housing units held by the Alaska Housing Finance Corporation at moderate rental rates or fair purchase terms. Tenants or prospective residents can submit applications in the form the corporation prescribes and may inquire with AHFC directly about eligibility criteria and available units. Those who believe they have been improperly denied access to housing under this provision may wish to consult a tenant-rights organization or legal aid service familiar with Alaska housing law for guidance on available options.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated October 28, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
Effective Timeline
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