AHFC Approves $625,000 Zero-Percent Loan to Increase Homeownership in Fairbanks

Anchorage, AZ – January 19, 2011 – (RealEstateRama) — Qualifying Alaskans will have greater access to homeownership through a $625,000 loan approved by the Alaska Housing Finance Corporation board of directors. The loan will allow Fairbanks Neighborhood Housing Services, Inc. (FNHS) to continue its down-payment assistance loan program for under-served markets and provide assistance to borrowers who would not qualify for home ownership due to income limitations, down-payment requirements, loan-to-values, or other considerations