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Alaskan Homeowners can get help with repairs!

Alaskan Homeowners can get help with repairs!

Whether you’re struggling to make your mortgage payments or faced with an unexpected repair expense in Alaska, there is help available to you! While researching low income home buyer programs in Alaska, we stumbled across several helpful programs for those who already own their own homes.


Alaska Housing Finance Corporation offers special programs for Alaska homeowners.

Low income homeowners nationwide have a hard time meeting their mortgage payments. If you are at risk of foreclosure because you’re struggling to make your housing payment, these programs can help you!

Renovation Loans are available for up to $318,075 depending on your home’s appraisal. You can use these funds to improve a home you already own. Since most Anchorage homes were built in the 1970s and 1980s, this loan program is designed to improve Alaska’s aging housing market and increase energy efficiency.

Second Mortgage Program allows Alaska borrowers to obtain a second mortgage to finance home repairs.

Second Mortgage Program for Energy Conservation enables borrowers to obtain up to $30,000 in financing to make energy-efficient upgrades to their homes. All improvements must be completed within one year of the loan’s closing. The $30,000 second mortgage has a loan term of 15 years and uses the Taxable Program interest rate plus .5 percent.


Streamline Refinance for AHFC Borrowers empowers borrowers who are already working with the Alaska Housing Finance Commission to quickly and easily refinance their home. No appraisal or credit check is required.

Refinance for Non-AHFC Loans allows borrowers who are not currently financed through AHFC to improve their loan terms or obtain renovations for home improvements.

The maximum loan amount is limited to the current unpaid principal balance plus up to 30 days unpaid interest and new loan closing costs. The cost of renovations or improvements may also be included based on insurer and/or guarantor approval.

Don’t forget about the Section 184 Housing Loan Guarantee ProgramYou can find this and other nationwide mortgage options in our US Low Income Homebuyer Guide. 

Avoid foreclosure in Alaska with these resources.

Homeownership Preservation Center can help Alaska homeowners avoid foreclosure! Contact them right away at 1-888-995-HOPE (4673) for more information about their resources.

Neighborworks Alaska provides helpful training and services to help you insure your home, maintain your home and avoid foreclosure. Call them at the first sign of trouble when you can’t make your mortgage payments!

Alaska cities and counties may offer additional assistance.

Anchorage is home to the North Pacific Rim Housing Authority, which has excellent programs for Alaskan homeowners who are also Alaskan Native or American Indian families. They can provide up to $30,000 in free weatherization services.  They can also provide grants and loans to Mutual Help homebuyers who need to expand their current homes. They also have a Major Repair Loan Fund that can provides loans up to $5,000 to assist with heating systems repair, replacement, septic replacement, roofing repair, and other needs.


Fairbanks is home to the Interior Regional Housing Authority, which provides funding and assistance with home rehabilitation for Alaskan Native and American Indian homeowners in the service area. You must meet income and other guidelines to qualify. This agency can also provide weatherization services (which help the home stay warmer) and up to $15,000 in disability modifications for seniors.

Juneau is home to Tlingit Haida Regional Housing Authority,  which provides free weatherization services, assistance with emergency repairs, home maintenance assistance and more for native and non-native households in the southeast Alaska area.

Get more FREE stuff in Alaska!

Nancy Rae Kratz

Tuesday 23rd of April 2024

I am single, disabled and in need of a new roof on my home in Homer, Alaska. My back porch is on a candelever but the railing and the roof over is rotting. The floor of it seems sturdy, still. The house was built in 1983 and I have had weatherization come but they did not address this problem or the windows that have air leaking around them. Is there any possible grant that I can qualify for? My income is $1140 per month Senior Benefit is $175 and ATAP $183

Catherine Marucci

Thursday 25th of April 2024

Hi Nancy. If the resources above are not helpful in your situation, it may be worth calling 211 to see if they know of anything you might be eligible for. - Cat

Catherine Marucci

Thursday 24th of August 2023

Hi Willie. If the resources above have not been useful, it may be worth calling 211 to see if they know of anything else available in your area.