Loan program could help residents who want to build on subdivision lots

It’ll be early fall before the borough offers for sale 20 lots at the new Alder Top Village (Keishangita.’aan) residential subdivision upland from Shoemaker Bay, but residents interested in buying and building a home on the property can start lining up financing.

In addition to conventional lenders such as banks, credit unions and the Alaska Housing Finance Corp., Haa Yakaawu Financial Corp., which works with the Tlingit Haida Regional Housing Authority, offers a couple of different home loan programs, including one with below-market interest rates for qualifying borrowers.

Haa Yakaawu has mad...

 

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