Greater Opportunities for Affordable Living (GOAL)
Greater Opportunities for Affordable Living (GOAL) supports developers and project sponsors acquiring, rehabilitating, and building affordable rental housing for lower-income households and seniors in Alaska.
Funder: Alaska Housing Finance Corporation
Due Dates: July 24, 2026 (Registration) | July 30, 2026 (Pre-application) | December 11, 2026 (Anticipated full application)
Funding Amounts: Grants, federal tax credits, and zero-interest loans; sponsors limited to 50% of GOAL resources or two projects annually, whichever is less
Summary: GOAL finances the acquisition, rehabilitation, and construction of affordable rental housing for lower-income households and seniors in Alaska.
Key Information: Only successful pre-applicants invited into the full competition may apply for funding.
Description
Greater Opportunities for Affordable Living (GOAL), administered by Alaska Housing Finance Corporation (AHFC), combines multiple affordable rental housing funding sources into one competitive application process. It supports developers and project sponsors acquiring, rehabilitating, or constructing housing for lower-income persons, families, and senior citizens. Funding includes the HOME Investment Partnerships Program, Low-Income Housing Tax Credits (LIHTC), Senior Citizens Housing Development Fund (SCHDF), and National Housing Trust Fund (NHTF).
GOAL prioritizes demonstrated local housing need, capable development teams, financial feasibility, energy efficiency, and leveraging other funding. Other priorities include special-needs households, larger family units, small communities, and meaningful training and employment opportunities for Alaskans. Competitive rounds run annually, with special rounds possible when funding becomes available.
