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Sec. 18.56.010. Findings and purpose. - (a) There exists within the state a serious shortage of...
Sec. 18.56.020. Alaska Housing Finance Corporation. - The Alaska Housing Finance Corporation is a public corporation and...
Sec. 18.56.030. Corporation governing body. - (a) The corporation shall be governed by a board of...
Sec. 18.56.040. Meetings of board. - (a) The board shall elect a chairman from among its...
Sec. 18.56.045. Minutes of meetings. - The board shall keep minutes of each meeting and send...
Sec. 18.56.050. Administration of affairs. - The board shall manage the assets and business of the...
Sec. 18.56.052. Executive director. - The corporation shall employ an executive director, who may not...
Sec. 18.56.055. Legal advisor. - The attorney general is the legal counsel for the corporation....
Sec. 18.56.060. Employment of personnel. - The board may appoint other officers and engage professional and...
Sec. 18.56.070. Personnel exempt from state Personnel Act. - The personnel of the corporation are exempt from AS 39.25.
Sec. 18.56.080. Interdepartmental cooperation. - All departments, agencies, and public corporations of the state may...
Sec. 18.56.082. Alaska housing finance revolving fund. - The Alaska housing finance revolving fund is established in the...
Sec. 18.56.084. International borrowing. - For the purpose of obtaining access to international capital markets...
Sec. 18.56.086. Creation of subsidiaries. - (a) The corporation may create subsidiary corporations for the purpose...
Sec. 18.56.088. Administrative procedure; regulations. - (a) Except for AS 44.62.310 - 44.62.319 (Open Meetings Act),...
Sec. 18.56.089. Compliance with Executive Budget Act; corporation finances; dividend. - (a) The provisions of AS 37.07 (Executive Budget Act) (1)...
Sec. 18.56.090. General powers and limitations. - (a) In addition to other powers granted in this chapter,...
Sec. 18.56.091. Home ownership assistance program. - (a) The corporation shall implement a home ownership assistance program...
Sec. 18.56.093. Insurance. - (a) There is established in the corporation the housing insurance...
Sec. 18.56.095. Mortgage insurance. - (a) There is a special fund of the state to...
Sec. 18.56.096. Limitation on power to make or purchase mortgage loans. - (a) The corporation may not make, participate in the making...
Sec. 18.56.097. Collateral for loans. - Under procedures established by regulations of the corporation adopted in...
Sec. 18.56.098. Special mortgage loan purchase program. - (a) The corporation shall establish a special mortgage loan purchase...
Sec. 18.56.099. Powers of corporation to deal in mortgage loans. - The corporation may purchase, sell, hold, or otherwise deal in...
Sec. 18.56.100. Housing development fund. - (a) There is created a housing development fund to be...
Sec. 18.56.101. Eligibility for veterans' interest rates. - The following persons are eligible veterans for the purposes of...
Sec. 18.56.103. Federal taxation of interest on bonds and bond anticipation notes. - If the interest on bonds or bond anticipation notes of...
Sec. 18.56.105. Allocation of lending activities. - The corporation shall designate regions within the state that, in...
Sec. 18.56.106. Nonconforming housing loan program. - (a) There is established in the corporation the nonconforming housing...
Sec. 18.56.107. Loan origination and service fees for rural areas. - Loan origination and service fees charged for a loan made...
Sec. 18.56.108. Simplified refinancing mortgage loan purchase program. - (a) The corporation shall establish a simplified refinancing mortgage loan...
Sec. 18.56.110. Bonds and notes. - (a) The corporation, by resolution, may issue bonds and bond...
Sec. 18.56.115. Independent financial advisor. - In negotiating the private sale of bonds or bond anticipation...
Sec. 18.56.120. Validity of any pledge. - The pledge of assets or revenue of the corporation to...
Sec. 18.56.125. Capital reserve fund. - (a) For the purpose of securing any one or more...
Sec. 18.56.130. Remedies. - A holder of obligations or coupons attached to them issued...
Sec. 18.56.135. Loan servicing requirements. - (a) If the servicing of a loan is sold to...
Sec. 18.56.140. Negotiable instruments. - All obligations and interest coupons attached to them are negotiable...
Sec. 18.56.150. Obligations eligible for investment. - Obligations issued under the provisions of this chapter are securities...
Sec. 18.56.160. Refunding obligations. - (a) The corporation may provide for the issuance of refunding...
Sec. 18.56.170. Credit of state not pledged. - (a) Obligations issued under the provisions of this chapter other...
Sec. 18.56.180. Officers not liable. - A member or other officer of the corporation is not...
Sec. 18.56.190. Tax exemption. - (a) The exercise of the powers granted by this chapter...
Sec. 18.56.200. Annual report. - (a) The corporation shall prepare and transmit annually a report...
Sec. 18.56.205. Residential mortgage assistance for members of the Alaska delegation to Congress. - The corporation may extend the special mortgage loan purchase program...
Sec. 18.56.210. Market stabilization powers. - (a) If the board determines that it is in the...
Sec. 18.56.220. Duty to advise about corporation's programs. - The corporation shall make a reasonable effort, through seminars, training...
Sec. 18.56.230. Commercial use in a multi-unit residential housing development owned or financed by the corporation; limitations. - (a) The corporation may authorize commercial use in a multi-unit...
Sec. 18.56.300. Construction standards for housing eligible for purchase of loans. - (a) The corporation may not make or purchase a housing...
Sec. 18.56.390. Definitions for AS 18.56.010 - 18.56.390. - In AS 18.56.010 - 18.56.390, unless the context clearly indicates...