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ALASKA HOUSING FINANCE CORP. (AHFC) WINS NATIONAL AWARD FOR ENERGY EFFICIENCY PROGRAM

 ANCHORAGE, Alaska, Oct. 15 /PRNewswire/ -- One of Alaska Housing Finance Corp.'s programs recently was judged the most outstanding in the nation for serving low- and moderate-income citizens in the area of homeownerhip, home improvement and rehabilitation, the corporation announced today.
 The corporation received recognition for its Warm Homes For Alaskans initiative from the National Council of State Housing Agencies (NCSHA). NCSHA is a national, non-profit organization created in 1970 to assist its members in advancing the interests of lower- and moderate-income families through financing, development and preservation of affordable housing. NCSHA's members are the housing agencies across the United States.
 The prize-winning program features a comprehensive approach for improving the quality and efficiency of Alaska housing. This approach offers an innovative public/private partnership between the State of Alaska and the housing industry. The main elements of the program include a statewide home energy rating program, a mortgage program that allows homebuyers to roll energy improvements of the home into the mortgage, and a rebate program that encourages homeowners to make improvements of the home that will increase the energy rating of the home. The program also includes weatherization of low-income homes, signed agreements with the U.S. Department of Housing and Urban Development that incorporate the corporation's energy efficiency programs into the Indian Housing and Federal Housing Administration's programs, and the Alaska Craftsman Home Program which trains the state's home builders in the latest technologies in constructing homes in a northern environment.
 "We're very honored to receive this award," said Will Gay, executive director of the corporation. "There is a critical link between energy efficiency and affordable housing. Alaska is viewed by the rest of the nation as a leader in working with the housing industry to foster affordable and energy efficient housing.
 "Steve Baden, working with the industry, regional housing agencies and the local Housing & Urban Development office has made this an excellent program."
 Baden, the head of AHFC's Affordable Housing and Energy Efficiency department, commented that the award was a "reflection of the efforts that the state's housing industry has made in quality residential construction. The Energy Rated Homes of Alaska has been able to document that a home built today uses a third less energy per square foot to heat than a home built just ten years ago."
 The corporation received the award at NCSHA's annual conventional held earlier this month in San Francisco. Four other housing finance agencies were honored for their housing programs.
 -0- 10/15/93
 /CONTACT: Margaret Nelson of the Alaska Housing Finance, 907-564-9321/


CO: Alaska Housing Finance Corp.; National Council of State Housing
 Agencies ST: Alaska IN: FIN SU:


RB-JH -- SE011 -- 3001 10/15/93 18:59 EDT
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Publication:PR Newswire
Date:Oct 15, 1993
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