Before originating or purchasing or participating in the purchase of a small community housing mortgage loan, the corporation may have or may require the borrower to have an appraisal made of the fair market value of the real property, including structures on the real property, for which the loan is made. In conducting an appraisal under this section, the appraiser shall give full value to insulation and other features of construction in structures on the real property that add to the energy efficiency of the structures.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Chapter 56. Alaska Housing Finance Corporation
Article 2. Housing Assistance.
Sec. 18.56.400. Powers of corporation related to housing assistance.
Sec. 18.56.410. Alaska energy efficient home grant fund.
Sec. 18.56.420. Housing assistance loan program.
Sec. 18.56.430. Home ownership assistance fund.
Sec. 18.56.440. Limitations on use of housing assistance loan program.
Sec. 18.56.450. Operating loss reserve account.
Sec. 18.56.460. Security for loans.
Sec. 18.56.470. Interest on loans.
Sec. 18.56.490. Restricted title loss reserve account.
Sec. 18.56.500. Fire insurance.
Sec. 18.56.510. Loan origination and servicing.
Sec. 18.56.530. Energy audit exemption.
Sec. 18.56.540. Toll-free telephone number.
Sec. 18.56.550. Field offices; contract services; assistance to others.
Sec. 18.56.560. Demonstration projects and information.