FINANCIAL_SERVICESAMENDED

$4.5M Housing Grant with AHFC Amended for Saxman Development

The City of Saxman approved an amendment to its $4.5 million grant with the Alaska Housing Finance Corporation for the construction of fourteen new very-low-income rental units. The amendment affirms project details, funding amount, and the term from January 1, 2024 through December 31, 2025.

Status
AMENDED
Document date
July 2, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Alaska Housing Finance Corporation
Agency
City of Saxman · AK

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$4,500,000.00
Contract type
FINANCIAL_SERVICES
Contract term
January 1, 2024 through December 31, 2025
Renewal date
2025-12-31
Renewal
Land Use Restriction Agreement (LURA) requires 20-year compliance. Grant may not be renewable after December 31, 2025; all funds must be expended by September 30, 2025.
Document type
Agenda
Source document
saxman_building_and_ordinance_committee_agenda_jul.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Saxman?

Alaska Housing Finance Corporation was awarded this financial services contract by City of Saxman, as recorded on July 2, 2025. The contract value is $4,500,000.00.

How much is the Alaska Housing Finance Corporation contract with City of Saxman worth?

The Alaska Housing Finance Corporation contract with City of Saxman is valued at $4,500,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in saxman_building_and_ordinance_committee_agenda_jul.pdf (Agenda), dated July 2, 2025 from City of Saxman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alaska Housing Finance Corporation hold?

Alaska Housing Finance Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Alaska Housing Finance Corporation's profile

What is City of Saxman currently buying?

Explore City of Saxman's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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