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Sponsored by: Janke
CITY OF SEWARD, ALASKA
RESOLUTION 2000-016
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, OPPOSING SB 150 IN ITS PRESENT STATE; AND SUPPORT-
ING THE EXPANSION OF THE CURRENT ALASKA HOUSING FINANCE
CORPORATION RURAL HOUSING ASSISTANT PROGRAM INTO
OTHER GEOGRAPHIC AREAS BY MODIFYING THE SPECIFICATIONS
OF THE FUNDING PROGRAM
WHEREAS, the Alaska Housing Finance Corporation has had significant success in rural
areas of Alaska under the present rural loan program and has provided mortgage opportunities to
those who might not have qualified under other programs, or where alternative lenders were not
available; and
WHEREAS, inequities in the current mortgage loan program regulations discriminate
against many small communities in Alaska by offering preferential interest rate loans outside ofthe
municipal boundaries; and
WHEREAS, this program causes many cities not to grow or increase their tax base at a time
when both state and local budgets are under fire; and
WHEREAS, the City of Seward Strategic Plan encourages the construction of residential
housing at all market levels inside the city, and supports in-fill development on vacant sites in
already established areas of the city; and
WHEREAS, Senate Bill 150, if passed in its proposed form, would eliminate the current
rural program and create an economic hardship for the Alaskan resident currently served by this
program; and
WHEREAS, the existing proven program should be preserved and further expanded into
other rural areas, including municipalities of slightly larger populations, creating similar economic
benefits, and better housing opportunities in those areas and communities; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The City Council opposes SB 150 in its present form, and supports the
preservation of the existing Alaska Housing Finance Corporation rural loan program.
CITY OF SEWARD, ALASKA
RESOLUTION 2000-016
Section 2. The City Council supports the expansion ofthe existing program to include areas
and/or municipalities that meet the criteria established by the USDNRural Development definition
of rural small communities (20,000 and under population).
Section 3. This resolution shall take effect immediately upon its adoption.
PASSED AND APPROVED by the City Council ofthe City of Seward, Alaska, this 14 day
of February, 2000.
THE CITY OF SEWARD, ALASKA
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Edgar Blatchford, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Blatchford, Brossow, Calhoon, Clark, King, Off, Shafer
None
None
None
ATTEST:
Patrick Reilly
City Cleric
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