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Participating landlords of privately owned rental units work with AHFC to offer reasonable rent and quality apartments; the federal housing agency HUD sets standards and limits. Renters must apply to AHFC for the program, and once accepted, pay about 30 percent of their adjusted income for rent. Via the voucher program, AHFC pays the rest directly to the landlord. Families living in public housing can participate in AHFC’s voluntary Family Self-Sufficiency program that includes education, job training and support services to help residents find full-time employment. At AHFC’s Gateway Learning Center, Alaskans can get help looking for work, take computer classes, learn to budget their money, and more.

Low Cost Energy

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Since its inception a few years ago, AHFC’s home energy rebate program has helped thousands of Alaskans make their homes more affordable and comfortable to live in. Homeowners have their homes rated before and after improvements and pay upfront for upgrades to windows, furnaces, water heaters, etc. AHFC’s average reimbursement per applicant that completes the program based on increased energy efficiency and eligible receipts is just over $6,300. On top of that, these homeowners experience a 32 percent average reduction in the cost of their utilities. Besides offering home energy rebate programs and weatherization projects, AHFC is also involved in providing low-cost energy to homes across Alaska. Its subsidiary, Alaska Gasline Development Corp., is developing a project dubbed the Alaska Stand Alone Gas Pipeline, or ASAP, which will provide natural gas from the North Slope to Fairbanks and Southcentral. AHFC expects the project to create thousands of jobs and provide a long-term supply of natural gas for Fairbanks, the Cook Inlet area and Railbelt communities. Led by AHFC, ASAP is the product of a move by the Alaska Legislature that a group of industry professionals to develop, refine and produce an instate natural gas pipeline project plan. • Alaska Business Monthly • April 2012

April - 2012 - Alaska Business Monthly  
April - 2012 - Alaska Business Monthly  

Alaska Business Monthly’s 2012 Corporate 100 annual special section begins on page 86. Top citizens of industry are highlighted in this annu...