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Alaska Program offers Subsidized Manufactured Homes to Low-Income Renters

Alaska_anchorage_ktuu_tv_credit__manufactured_homesMHProNews has learned from ktuu-tv that the housing market in Anchorage, Alaska is very tight, with 40 percent of all renters in the Mat Su Valley earning $40,000 a year or less. In response, Weidner Property Management has sited over 200 new manufactured homes in a rental complex.

The Alaska Housing Finance Corporation’s (AHFC) CEO, Bryan Butcher, says, “There’s a real limit in terms of affordability into what families can afford so it’s always our hope the quality of housing increases.

As cold weather approaches, the concern rises for having a safe place to live. These new manufactured homes all have smoke and CO detectors, and AHFC offers a voucher program through the federal government. The homes rent for $1,200 to $1,400 a month, but through AHFC renters pay 30 percent of their income for housing and the government pays the remainder. ##

(Photo credit: ktuu-tv–manufactured home complex in Anchorage, Alaska)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

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