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State completes initial review of mortgage aid applications

 


All of the nearly 11,000 Alaska households that applied for financial aid under a state-administered, federally funded program — including 40 in Wrangell — will receive some level of assistance toward mortgage payments and utilities bills.

The Alaska Housing Finance Corp., which is running the $50 million pandemic-aid program, announced last week it had completed its initial reviews of the applications, determining their income eligibility for assistance, and now will evaluate individual homeowner’s financial needs.

Depending on each applicant’s needs, the housing agency will distri...



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