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Second Mortgage Program for Energy Conservation

Last Review: 2013-01-31
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Comprehensive Measures/Whole Building
Applicable Sectors: Residential
Terms: The maximum loan term is 15 years
Website: http://www.ahfc.us/loans/second_energy_conserv.cfm

Summary:

Alaska Housing Finance Corporation (AHFC) offers loans of up to $100,000, with a repayment term of 15 years, to qualified borrowers through the Second Mortgage for Energy Conservation program. Borrowers apply to AHFC for financing to make energy improvements on owner-occupied properties. Applicants must select from the list of energy upgrades which are provided by an AKWarm certified energy rater. All improvements must be completed within 365 days of loan closing. The improvements not listed or recommended by the rater may not be included in the loan. The interest rate is the taxable program or rural owner occupied 15-year interest rate, plus 0.375. Click here for current interest rates.


Contact:
James Ord
Alaska Housing Finance Corporation
P.O. Box 101020

Anchorage, AK 99510-1020
Phone:(907) 330-8446 Ext.
Phone 2:()
Email: jord@ahfc.us
Web site: http://www.ahfc.us/

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