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Homes in the region are getting more expensive, and there are fewer of them to buy.
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A mix of national and local issues, like high home prices and an overall housing shortage – are driving the problem.
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The program will give discounts and special financing terms to eligible participants who bid on qualifying pieces of borough land.
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More than 100 people participated in this year’s Project Homeless Connect event.
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The program offers a unique opportunity for participants to save money on a new home by helping build it – something the organization calls “sweat equity.”
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Borough Mayor Peter Micciche says the borough’s interest in the land is directly tied to housing shortages.
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When the owner of a prominent Soldotna RV and mobile home park handed down dozens of eviction notices last year, it laid bare some of the challenges faced by some of the area's most vulnerable residents.
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Residents of the River Terrace trailer park in Soldotna are worried about their future following an eviction notice. But it's unrelated to the Soldotna riverfront redevelopment project, as many suspected.
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U.S. Secretary of Housing and Urban Development Marcia Fudge made the announcement in Kenai this morning. It's part of a $128 million award for tribal housing projects around the country.
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Cooper Landing has the second-fastest growing home prices in the state for the last year, and a dozen peninsula communities rank in the top 20.