New funding helps AHFC to expand HOME Opportunity Program (HOP)

ANCHORAGE, AK – October 19, 2011 – (RealEstateRama) — Alaska Housing Finance Corporation (AHFC) awarded $1.7 million in additional funding to two non-profit intermediary agencies to administer the HOME Opportunity Program (HOP). HOP provides principal buy-down, down payment and closing cost assistance for eligible lower income households. With the additional funding, HOP availability will be expanded to areas that have not been previously served throughout Alaska.