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Affordable Housing Enhanced Loan Program

Alaska

Available Assistance

AHELP works in partnership with other agencies to promote affordable home ownership, so the assistance funds may come in the form of a grant, deferred payment(s), a forgivable loan, or a combination of options, and may come from a governmental agency, nonprofit agency or regional housing authority.

Eligibility Requirements

To qualify for assistance, borrowers are required to meet the individual provider’s requirements, but there are some of the general AHELP guidelines that must be met as well. All AHELP borrowers must enroll in, and complete an approved homebuyer education class, and they cannot be owners of a secondary residential property in the same area.

Property Guidelines

Eligible properties under AHELP include owner-occupied single-family homes, condominiums, units in a Common Interest Community, and Type I manufactured homes. Any property built prior to 1992 must undergo and authorized home inspection

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