It is good to see that there is still Corporations out there helping to fullfill the true american dream every day. Best of luck and and hope that the assistance is helping your market at the same time.

Ron Craft - Realtor

Coldwell Banker Elite

Proudly serving Stafford, Spotsylvania, Quantico MCB and surrounding areas

rcraft@coldwellbankerelite.com - 540-273-2867

Ron - Alaska Housing Finance Corporation is basically a statewide housing authority.  They are organized as a corporation because of their investments, the way I understand it.  Basically it's another state government entity (but don't tell them that!)

PS:  Please don't advertise on my blog.  It is really of no benefit to you and many people get quite upset over it. 

AHFC is a state chartered entity somewhat similar to the GSE's - Fannie & Freddie.   Since inception they have made a tremendous positive impact on Alaska and the statewide housing market.  Thanks to a history of good management they have maintained their thus far unblemished credit rating... a major bonus in the finance world today.

Thanks, Jesse... I am fighting a cold and the words were somewhere in the fog that is supposed to be my brain.  I guess what I didn't make clear was that AHFC is a publicly held corporation.

Don't worry about it.  I'm not fighting a cold but after reading my comment it appears my ability to spell went out the window just the same.  No cold, no cold, no cold! :)

Debbie, that is astronomical. It sounds like they are doing a super job.

Hi, Danny - They really are.  I'm hoping to do articles about them because many of our citizens do not realize the benefits our state receives through AHFC.  My family thinks of them as the wisest use of oil money our state could ever have.  All their loans are assumable, fixed rate. 

Debbie, here in Connecticut CHFA has helped hundreds of thousands if not millions of First Time Homebuyers to purchase their first home at below market interest rates.  It is great that in Alaska AHFC and Connecticut CHFA have tried to keep home ownership within reach.

Good Point...AHFC might be a lender of last resort if all these other ones go the way of Bear Stearns.

Debbie,

Will they adopt Arizona?  LOL  Maybe we could work out some sort of sun credits!

Mike in Tucson