Home Loans

Down Payment Assistance

NeighborWorks Down Payment Assistance Program helps make homeownership possible for first-time homebuyers of moderate income by filling the gap between what you can afford and the cost of housing.

A first-time homebuyer is someone who has not owned a primary residence in the last three years. NeighborWorks Alaska offers two programs for first-time homebuyers, the Alaska Housing Finance Corporation (AHFC) Tax-Exempt and the Taxable First-Time Homebuyer.

Home Improvement Loans:

Are you ready to repair, renovate, or improve your home?

NeighborWorks Alaska offers the AHFC renovation loan options covering three possible scenarios:

1) Second for Renovation

  • Improvements to a home you already own

Who is Eligible?

Alaska residents

Eligible Properties

Owner-occupied single-family residences, duplexes, triplexes, fourplexes, condominium units

Start here today!

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