What is the Alaska Manufactured Home Park Rehabilitation Loan Program?

@jazmyn.lehner 

The Alaska Manufactured Home Park Rehabilitation Loan Program is a government-backed program aimed at providing financial assistance to rehabilitate and improve manufactured home parks in the state of Alaska. The program offers loans to eligible park owners to fund the costs of park repairs, upgrades, and infrastructure improvements.

The goal of the program is to increase the availability of safe and affordable manufactured home park housing options for low-income individuals and families. The loans can be used for a variety of purposes, including repairing or replacing water and sewer systems, improving roads and infrastructure, upgrading recreational facilities, and addressing health and safety issues within the park.

The program is administered by the Alaska Housing Finance Corporation (AHFC) and offers low-interest loans to qualified manufactured home park owners. The loans are typically long-term and have favorable terms to encourage park owners to make necessary improvements to their parks.

Overall, the Alaska Manufactured Home Park Rehabilitation Loan Program seeks to support the preservation and improvement of manufactured home parks to ensure the availability of affordable housing options for Alaskan residents.