The Alaska Housing Finance Corp has a new program to help those struggling to pay mortgages or rent

Up to $1200.00 of relief through the program is available statewide, with Anchorage residents eligible to apply for the Municipality of Anchorage rent and mortgage assistance as well; however, they cannot apply to use the money from both programs during the same month.

This program was proposed by Gov. Mike Dunleavy and supported by the Legislature. The money comes from the federal Coronavirus Aid, Relief and Economic Security Act.

Applications will be accepted from June-15th-26th.  According to the program’s website, a lottery will be conducted to select recipients after the application deadline. The money is expected to be disbursed by mid-July.

To read the complete KTVA story, click here.