43 chapters · 1,022 sections in this title.
AS 18.55.330 Preference to veterans.
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The corporation shall initially offer 50 percent of the dwelling units in a housing project held by it under AS 18.55.300 — 18.55.470 for rent or sale to veterans. The offer shall be by publication of reasonable notice in a newspaper circulated in the area in which the housing pr…
AS 18.55.340 Care, operation, maintenance, and rental of housing.
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The corporation has control over and is responsible for the care, operation, maintenance, and rental or sale of the housing held by it under AS 18.55.300 — 18.55.470. It may enter into appropriate arrangements for carrying out this responsibility and for safeguarding the interest…
AS 18.55.350 Availability of housing units.
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The corporation shall make the housing units held by it under AS 18.55.300 — 18.55.470 available for rental to eligible persons upon application in the form it prescribes, and at the moderate rentals that it considers proper, or for sale at the prices and subject to the terms and…
AS 18.55.360 Alaska State Housing Authority Revolving Fund. [Repealed, § 72 ch 113 SLA 1982.]
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[Repealed or reserved.]
AS 18.55.370 Use of money.
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Money appropriated or made available under AS 18.55.300 — 18.55.470 may be used by the corporation to make (1) character loans, not exceeding $500 for each dwelling, to residents or cooperatives for the improvement, conversion, or construction of dwellings in remote areas for occ…
AS 18.55.375 Investment of state surplus. [Repealed, § 33 ch 141 SLA 1988.]
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[Repealed or reserved.]
AS 18.55.380 Corporation may use powers under other laws.
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The corporation may invoke a power given to it under any statute, including the powers of eminent domain and those relating to the issuance of bonds and obligations with respect to a project undertaken or loan made or to be made under the authorization provided in AS 18.55.300 — …
AS 18.55.390 Limitation on corporation's power.
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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.
AS 18.55.400 Expenditure of money.
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The corporation may spend the portion of the money appropriated under AS 18.55.300 — 18.55.470 that it considers advisable, either directly or in cooperation with educational institutions or government agencies, to develop, through study, research, and analysis, information regar…
AS 18.55.410 Power to sell, transfer, or dispose of projects.
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The corporation may at any time sell, transfer, or otherwise dispose of a housing project under AS 18.55.300 — 18.55.470 to the federal government, provided the corporation is completely relieved of all obligations assumed or guaranteed by it in connection with the housing projec…
AS 18.55.420 Regulations; allocation of units and projects.
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The corporation may (1) adopt and enforce reasonable rules and regulations under AS 18.56.088 to carry out the purposes of AS 18.55.300 — 18.55.470; and (2) determine the allocation of dwelling units and projects constructed in a municipality on the basis of the municipality's po…
AS 18.55.430 Authority to submit annual report. [Repealed, § 140 ch 4 FSSLA 1992.]
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[Repealed or reserved.]
AS 18.55.440 Additional powers to acquire land or interests in land.
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For the purpose of carrying out AS 18.55.300 — 18.55.470, the corporation may acquire by purchase, lease, condemnation, or otherwise, (1) land and appurtenances to land necessary or desirable for the establishment, construction, and operation of moderate cost and moderate rental …
AS 18.55.450 Ability to accept land and other property.
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The corporation may accept land, a building, property, or equipment that is available from an executive department, independent establishment or agency of the federal government or the state, or a municipality, for the purpose of carrying out AS 18.55.300 — 18.55.470.
AS 18.55.460 Preference for state professional and contractors' services.
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In planning, designing, and constructing projects under AS 18.55.300 — 18.55.470, the corporation shall use professional and contractor services of state residents as far as practicable and shall encourage the use of local building materials.
AS 18.55.470 Definitions.
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Article 3. Slum Clearance and Redevelopment Act. In AS 18.55.300 — 18.55.470, (1) “corporation” means the Alaska Housing Finance Corporation; (2) “moderate cost” means a cost determined by the corporation that is below the level at which private enterprise is currently building a…
AS 18.55.480 Findings and declaration of necessity.
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The legislature finds and declares that (1) slum and blighted areas exist in localities throughout the state and they constitute a serious and growing menace, injurious and inimical to the public health, safety, morals, and welfare of the residents of the state; (2) the existence…
AS 18.55.490 Legislative intent.
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It is the intent of the legislature in AS 18.55.480 — 18.55.960 to take advantage of 42 U.S.C. 1441 — 1469c (Title I of the Housing Act of 1949 (P.L. 81-171; 63 Stat. 413)), as amended.
AS 18.55.500 Interest of members of board of directors or employees of corporation in project prohibited.
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(a) A member of the board of directors or employee of the corporation may not voluntarily acquire an interest, direct or indirect, in a redevelopment project or in property included or planned by the corporation to be included in a redevelopment project, or in a contract or propo…
AS 18.55.510 Finding of necessity by municipality.
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(a) The corporation may not transact business or exercise its powers under AS 18.55.480 — 18.55.960 in a municipality until the governing body approves by resolution the exercise in the municipality of the powers, functions, and duties of the corporation under AS 18.55.480 — 18.5…
AS 18.55.520 Powers of the corporation.
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In addition to all powers previously vested in or granted to the corporation by any other law, the corporation has all the powers necessary or convenient to carry out and effectuate the purposes and provisions of AS 18.55.480 — 18.55.960, including the following powers: (1) to pr…
AS 18.55.525 Neighborhood development projects.
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(a) A neighborhood development project, as undertaken and administered by the corporation, shall consist of urban renewal project undertakings and activities in one or more urban renewal areas that are planned and carried out on the basis of annual increments in accordance with 4…
AS 18.55.530 Preparation and approval of redevelopment plans.
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(a) Except as provided in AS 18.55.520(11), the corporation may not acquire real property for a redevelopment project unless the governing body of the municipality has approved the redevelopment plan, as prescribed in (i) of this section. (b) The corporation may not prepare a red…
AS 18.55.540 Disposal of property in redevelopment project.
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(a) The corporation may sell, lease, exchange, or otherwise transfer real property or any interest in real property in a redevelopment project area to a redeveloper for residential, recreational, commercial, industrial, or other uses, or for public use in accordance with the rede…
AS 18.55.550 Eminent domain.
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(a) The corporation may (1) acquire by eminent domain real property that it considers necessary within the boundaries of the redevelopment project or for its purposes under AS 18.55.480 — 18.55.960 after the adoption by it of a resolution declaring that the acquisition of the rea…
AS 18.55.560 Acquisition and development of undeveloped vacant land.
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Upon a determination, by resolution, of the governing body of the municipality that the acquisition and development of undeveloped vacant land not within a slum or blighted area is essential to the proper clearance or redevelopment of a slum or blighted area or a necessary part o…
AS 18.55.570 Issuance of bonds and notes.
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(a) The corporation may (1) issue bonds and notes from time to time for any of the purposes of AS 18.55.480 — 18.55.960, including the payment of principal and interest upon advances for surveys and plans for redevelopment projects; (2) issue refunding bonds for the purpose of th…
AS 18.55.580 Power of corporation to provide additional security for bonds.
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(a) In connection with the issuance of bonds or the incurring of obligations under leases, in order to secure the payment of the bonds or obligations, the corporation, in addition to its other powers, may (1) pledge all or a part of its gross or net rents, fees, or revenue from r…
AS 18.55.590 Remedies of obligee.
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An obligee of the corporation may, in addition to all other rights that may be conferred on the obligee, subject only to contractual restrictions binding upon the obligee, (1) by mandamus, suit, action, or proceeding at law or in equity compel the corporation, the members of its …
AS 18.55.600 Bonds as legal investment.
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(a) The following persons may legally invest sinking funds, money, and other funds belonging to them or within their control in the investments listed in (b) of this section: (1) all public officers, municipal corporations, political subdivisions, and public bodies; (2) all banks…
AS 18.55.610 Conveyance to federal government on default.
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In any contract for financial assistance with the federal government, the corporation may obligate itself to convey possession or title to the redevelopment project and land to the federal government, when the contract relates to the project and the land, upon the occurrence of a…
AS 18.55.620 Property exempt from taxes and execution.
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(a) All property held by the corporation for a purpose set out in AS 18.55.300 — 18.55.470 and in AS 18.55.480 — 18.55.960 is exempt from levy and sale by virtue of an execution, and an execution or other judicial process may not issue against it nor may judgment against it be a …
AS 18.55.630 Cooperation by public bodies.
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(a) For the purpose of aiding and cooperating in the planning, undertaking, or carrying out of a redevelopment project located within the area in which it is authorized to act, a public body may, upon terms, with or without consideration, as it determines, (1) dedicate, sell, con…
AS 18.55.640 Report by the authority. [Repealed, § 140 ch 4 SLA 1992.]
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[Repealed or reserved.]
AS 18.55.650 Title of purchaser of project property.
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An instrument executed by the corporation and purporting to convey a right, title, or interest in property under AS 18.55.480 — 18.55.960 is conclusive evidence of compliance with the provisions of AS 18.55.480 — 18.55.960 insofar as title or other interest of a bona fide purchas…
AS 18.55.660 Additional powers of governing body.
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Whenever the corporation exercises its rights, powers, and duties under AS 18.55.480 — 18.55.960 in the area adjacent to a municipality, the governing body of the municipality may prepare or have prepared general plans for the physical development of the area if the preparation o…
AS 18.55.670 Preparation of general plan by local governing body.
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The governing body of a municipality, not authorized to create a planning commission with power to prepare a general plan for the redevelopment of the municipality, may prepare a general plan before a redevelopment project is initiated under AS 18.55.480 — 18.55.960.
AS 18.55.680 Urban renewal projects; definition.
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(a) In addition to the power given under AS 18.55.480 — 18.55.960, the corporation may plan and undertake an urban renewal project. In AS 18.55.480 — 18.55.960 an urban renewal project includes undertaking and activity for the elimination and prevention of the development or spre…
AS 18.55.690 Urban renewal plan; definition.
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An urban renewal project undertaken pursuant to AS 18.55.680 shall be undertaken in accordance with an urban renewal plan for the area of the project. As used in AS 18.55.480 — 18.55.960 an “urban renewal plan” means a plan for an urban renewal project, which (1) conforms to the …
AS 18.55.695 Secs. 18.55.695 — 18.55.698. Use of tax collections; loan agreements; taxation of leased property. [Repealed, § 31 ch 37 SLA 1986.]
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[Repealed or reserved.]
AS 18.55.700 Powers with respect to urban renewal.
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(a) The corporation has all the powers necessary or convenient to undertake and carry out urban renewal plans and urban renewal projects, including the power to acquire and dispose of property, to issue bonds and other obligations, to borrow and accept grants from the federal gov…
AS 18.55.710 Public bodies authorized to assist in urban renewal projects.
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A municipality or other public body may, without limiting any provisions of AS 18.55.700, do any and all things necessary to aid and cooperate in the planning and undertaking of an urban renewal project in the area in which it is authorized to act, including the furnishing of fin…
AS 18.55.720 Corporation may delegate functions to municipalities and public bodies.
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The corporation may delegate to a municipality or other public body any of its powers or functions with respect to the planning or undertaking of an urban renewal project in the area in which the municipality or public body is authorized to act, and the municipality or public bod…
AS 18.55.730 Agreements for exercising powers and granting assistance.
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Any public body may enter into agreements that may extend over any period, notwithstanding any provision or rule of law to the contrary, with any other public body respecting action to be taken under any power granted by AS 18.55.480 — 18.55.960, including the furnishing of funds…
AS 18.55.740 Workable program.
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The governing body of a municipality, or a public officer or public body, as it designates, may prepare a workable program, including an official plan of action, for effectively dealing with the problem of urban slums and blighted, deteriorated, or deteriorating areas within the …
AS 18.55.750 Municipality may repair, etc., dwellings unfit for habitation.
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When a municipality finds that a dwelling exists that is unfit for human habitation due to dilapidation, defects increasing the hazard of fire, accident, or other calamity, lack of ventilation, light or sanitary facilities, or another condition, including one of those set out in …
AS 18.55.760 Ordinances relating to unfit dwellings.
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Upon the adoption of an ordinance finding that dwelling conditions of the character described in AS 18.55.750 exist in a municipality, its governing body may adopt an ordinance relating to dwellings that are unfit for human habitation.
AS 18.55.770 What ordinance must include.
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An ordinance adopted under AS 18.55.760 must provide that the corporation must exercise the powers prescribed by the ordinance. The ordinance must also contain the provisions set out in AS 18.55.780 — 18.55.850.
AS 18.55.780 Petition or finding that dwelling is unfit and filing of complaint.
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When at least five residents file a petition charging that a dwelling is unfit for human habitation or when it appears to a public officer that a dwelling is unfit for human habitation, the public officer shall conduct a preliminary investigation, and if the investigation disclos…
AS 18.55.790 Pleadings and hearing.
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The complaint must contain a notice of a hearing before the corporation or designated agent and the time and place fixed for the hearing. The hearing shall be not less than 10 days nor more than 30 days after the service of the complaint. The complaint must state that the parties…