This grant funds the development or rehabilitation of rental housing for teachers, healthcare, and public safety professionals in small, rural Alaskan communities to support workforce stability.
Funder: Alaska Housing Finance Corporation
Due Dates (Anticipated): August 2026: Registration form deadline (5:00 PM AKST, projected) | October 2026: Full application deadline (5:00 PM AKST, projected)
Funding Amounts: Up to $7,000,000 total for the cycle; max $700,000 per application; awards typically support 1–5 units per project.
Summary: Competitive annual grants to develop, acquire, or rehabilitate rental housing for rural professionals (teachers, healthcare, public safety) in Alaska's small communities.
Key Information: Registration is required before the application; 15% match and small community location are mandatory.
This program provides annual, competitive grant funding for the development, rehabilitation, or acquisition of rental housing for rural professionals—including teachers, healthcare workers, and public safety staff—in Alaska's small communities. The initiative aims to address workforce shortages and improve recruitment and retention by ensuring access to safe, affordable, and sustainable housing. Eligible applicants include school districts, local and tribal governments, regional health corporations, regional housing authorities, and nonprofit organizations. Projects must serve communities defined as "small" under Alaska statute and must reserve units for eligible professionals.