Alaska legislation · 34th Legislature
Alaska HB226: AHFC: REDUCED INTEREST ON CERTAIN LOANS
Status: In committee, April 22, 2026
An Act increasing the loan amount that is eligible for lower interest rates on certain Alaska Housing Finance Corporation loans.
What the bill says
An act ENTITLED "An Act increasing the loan amount that is eligible for lower interest rates on certain Alaska Housing Finance Corporation loans.".
From the engrossed text:
AN ACT ENTITLED "An Act increasing the loan amount that is eligible for lower interest rates on certain Alaska Housing Finance Corporation loans." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: * Section 1. AS 18.56.470(a) is amended to read: (a) The interest rate on a mortgage loan originated or purchased in whole or in part under AS 18.56.420 for small community housing or multi-family housing under AS 18.56.580 is one percent less than the interest rate, as determined under AS 18.56.098(f)(1) - (4), on a mortgage loan purchased under AS 18.56.098(a) from the proceeds of the most recent applicable issue of taxable bonds before the origination or purchase of the mortgage loan originated or purchased under AS 18.56.420. However, the portion of a loan that exceeds $400,000, adjusted annually for inflation on July 1 of each year based on the percentage increase in the Consumer Price Index for all urban consumers for urban Alaska during the previous calendar year, as determined by the United States Department of HB0226b -1- CSHB 226(STA) New Text Underlined [DELETED TEXT BRACKETED] 34-LS0942\N Labor, Bureau of Labor Statistics, has [INTEREST RATE ON THAT PORTION OF A LOAN THAT EXCEEDS $250,000 IS THE SAME AS] the interest rate determined under AS 18.56.098(f)(1) - (4). CSHB 226(STA) -2- HB0226b New Text Underlined [DELETED …
Sponsors
- Neal Foster (D, HD-039) · primary sponsor
- Ashley Carrick (D, HD-035)
Latest actions
- : (H) Scheduled but Not Heard -- Delayed to a Call of the Chair --
- : (H) FINANCE at 01:30 PM ADAMS 519
- : (H) Scheduled but Not Heard -- Delayed to 9:00 am --
- : (H) FINANCE at 08:00 AM ADAMS 519
- : (H) Scheduled but Not Heard -- Recessed to a Call of the Chair --
- : (H) FINANCE at 06:00 PM ADAMS 519
- : (H) FINANCE at 01:30 PM ADAMS 519
- : (H) -- Public Testimony -- -- Delayed to a Call of the Chair --
- : (H) FINANCE at 09:00 AM ADAMS 519
- : (H) COSPONSOR(S): CARRICK
Subjects: FINANCE, PUBLIC CORPORATIONS, HOUSING, LOANS
Common questions
- What is HB226?
- HB226 is a bill in the Alaska Legislature (34th Legislature): AHFC: REDUCED INTEREST ON CERTAIN LOANS.
- What does HB226 do?
- In its own words: An act ENTITLED "An Act increasing the loan amount that is eligible for lower interest rates on certain Alaska Housing Finance Corporation loans.".
- What is the status of HB226?
- In committee as of April 22, 2026. Latest action: (H) Scheduled but Not Heard -- Delayed to a Call of the Chair -- (May 19, 2026).
- Who sponsored HB226?
- Neal Foster (D, HD-039), with 1 co-sponsor.
- Where is the official record for HB226?
- On the Alaska Legislature website: https://www.akleg.gov/basis/Bill/Detail/34?Root=HB 226
Source: official Alaska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.