Housing Services breaks ground on new project.(CONSTRUCTION)

Anchorage Neighborhood Housing Services (ANHS) broke ground recently, along with Mayor Mark Begich and representatives from HUD, on a new housing project that will provide affordable housing for families in Fairview and Spenard in Anchorage.

"We believe that each Alaskan deserves affordable and accessible housing, and projects like this fulfill this goal, while increasing the affordable housing stock in Anchorage," said ANHS' Executive Director Debe Mahoney.

The Municipality has committed more than $700,000 in partnership with HUD and ANHS to develop more affordable housing in Anchorage. The project will begin construction of three new single-family homes between 1,372 square feet and 1,449 square feet of living space. The new homes also will have more than 460 square feet of garage space, three bedrooms, one-and-a-half baths, along with sizable yards. The homes will be pre-sold and completion is anticipated for Spring 2007.

Anchorage also received a grant of $97,000 from NeighborWorks[R] America, a national community development and housing support corporation. The grant will help ANHS to support greater economic development and affordable housing opportunities for thousands of Anchorage citizens. Overall, ANHS has received $342,000 in FY2006 NeighborWorks America grants. This year, NeighborWorks and Alaska is responsible for nearly $16 million worth of reinvested capital in the state, brought about by a continued commitment to developing affordable housing opportunities.

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