The power of the corporation to act under AS 18.55.300 - 18.55.470 is limited to projects in which adequate financing on reasonable terms is not otherwise available or entrepreneurial sponsorship is lacking.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities
Article 2. Moderate Cost and Rental Housing.
Sec. 18.55.300. Declaration of purpose.
Sec. 18.55.310. Powers and duties of corporation.
Sec. 18.55.320. Sale of surplus property.
Sec. 18.55.330. Preference to veterans.
Sec. 18.55.340. Care, operation, maintenance, and rental of housing.
Sec. 18.55.350. Availability of housing units.
Sec. 18.55.380. Corporation may use powers under other laws.
Sec. 18.55.390. Limitation on corporation's power.
Sec. 18.55.400. Expenditure of money.
Sec. 18.55.410. Power to sell, transfer, or dispose of projects.
Sec. 18.55.420. Regulations; allocation of units and projects.
Sec. 18.55.440. Additional powers to acquire land or interests in land.
Sec. 18.55.450. Ability to accept land and other property.
Sec. 18.55.460. Preference for state professional and contractors' services.