Decent, affordable housing is essential to quality of life, strong communities and a vital economy. Yet many Alaskans struggle to find adequate housing.
Since 2004, the Foundation has invested approximately $25 million in workforce housing as well as focusing on seniors, low-income populations, and Alaskans with disabilities.
Rasmuson Foundation uses a range of mechanisms to promote housing, including direct grants to local housing authorities, tax incentives and Program-Related Investments.
The Foundation works closely with Alaska Housing Finance Corporation (AHFC) on Greater Opportunities for Affordable Living (GOAL), which provides grants, federal tax credits and zero-interest loans.
The Foundation is also a partner in Housing Anchorage, a collaboration of city and state agencies, private developers, and nonprofits that seek to find broad-based community solutions to improve housing options for Anchorage’s workforce and to spur economic growth. Housing Anchorage is pursuing strategies to promote construction of 18,000 new housing units by 2030, decrease the number of people who pay more than 30 percent of their income on housing, and improve business’ view of recruitment and retention in the next five years.