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Alaska Administrative Code
Title 15 . Revenue
Chapter 151 . AHFC General Programs

Chapter 151. AHFC General Programs

Section 10 . Special mortgage loan purchase program scope
Section 15 . Borrower eligibility
Section 20 . Loan terms
Section 100 . Qualified mortgage bond program
Section 105 . Eligibility
Section 110 . Single-family residence
Section 115 . Ownership requirements
Section 120 . Income limits
Section 125 . Purchase price requirements
Section 130 . Assumption requirements
Section 135 . Qualified home improvement loans
Section 140 . Qualified rehabilitation loan
Section 145 . Qualified mortgage loans
Section 200 . Qualified veterans
Section 205 . Qualified veterans
Section 215 . Veterans
Section 220 . Duty in armed forces
Section 225 . Duty in public health service
Section 230 . Duty in national oceanic and atmospheric administration or in coast and geodetic survey
Section 235 . Duty in United States Military, Air Force, Coast Guard, or Naval Academy
Section 240 . Travel to or from duty
Section 245 . Spouses
Section 250 . Evidence of qualifications
Section 300 . Payment assistance
Section 310 . Eligibility
Section 320 . Terms
Section 330 . Home ownership assistance agreement
Section 340 . Adjustment to assistance amount
Section 400 . Senior housing loan program
Section 405 . Borrower eligibility
Section 410 . Senior housing characteristics
Section 415 . Maximum loan amounts
Section 419 . Construction loans
Section 420 . Term of loans
Section 425 . Interest rate
Section 430 . Fee schedule and commitment periods
Section 435 . Loan guidelines
Section 440 . Board approval
Section 500 . Multi-family, special needs, and congregate housing loans
Section 501 . Federally insured multi-family loans
Section 505 . Borrower eligibility
Section 510 . Housing characteristics
Section 515 . Maximum loan amounts
Section 519 . Construction loans
Section 520 . Term of loans
Section 525 . Interest rate
Section 530 . Housing assistance
Section 535 . Fee schedule and commitment periods
Section 540 . Loan guidelines
Section 542 . Multi-family loan purchase program
Section 545 . Board approval
Section 600 . Nonconforming housing program
Section 610 . Mortgage purchase program
Section 620 . Refinance program
Section 625 . Refinance program of non-corporation loans
Section 630 . Streamlined refinance
Section 635 . Second mortgage program for health and safety repairs
Section 640 . Second mortgage program for home improvement
Section 645 . Second mortgage program for purchase
Section 650 . REO financing program
Section 655 . Mobile home loan program
Section 660 . Condominium stabilization program
Section 670 . Loans-to-sponsors program
Section 675 . Emergency reconstruction loan program
Section 680 . Interest rate reduction for low-income borrowers
Section 710 . Scope, goal, and objective
Section 720 . Qualified projects
Section 730 . Allocation of tax credit
Section 740 . Public notice
Section 750 . Application for low-income housing tax credit
Section 760 . Application and processing fees
Section 770 . Acceptance or rejection of application
Section 780 . Corporation review
Section 790 . Conditional allocation of tax credit
Section 800 . Revocation of conditional allocation
Section 810 . Project-placed-in-service certification
Section 820 . Issuance of tax credit certification
Section 830 . Appeals
Section 840 . Compliance monitoring by the corporation
Section 900 . Purchases of loans from sellers and servicers
Section 910 . Assumptions of mortgage loans
Section 920 . Delegated underwriting program
Section 930 . Appeals
Section 940 . Commitment fees and procedures
Section 945 . Interest rate lock-in agreements
Section 950 . Definitions

Editor's note: As of Register 151 (October 1999), the functions of the former Department of Community and Regional Affairs were transferred to other state agences. Revisions to regulations to reflect changes in state agencies' names were made by the regulations attorney in accordance with ch. 58, SLA 1999 and AS 44.62.125 (b)(6).


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The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.

Last modified 7/05/2006