Alaska Community Development

What Alaska Community Development does

Alaska Community Development Corporation (Alaska CDC) is a Palmer, Alaska-based non-profit corporation founded in 1979 that administers federal and state housing and energy-efficiency programs for low-income Alaskans. It directly delivers seven core programs: the Weatherization Assistance Program and Enhanced Weatherization (energy efficiency and safety improvements funded by the U.S. Department of Energy and Alaska Housing Finance Corporation); the Home Opportunity Program (HOP, providing zero-interest forgivable loans up to $30,000 for down payment and closing-cost assistance through a network of over 20 participating lenders); the Self-Help Housing Program (USDA 502-subsidized mutual construction of 5 Star Plus energy-rated homes); the Housing Accessibility Improvement Program (HAIP) and Senior Housing Accessibility Modification Program (grants up to $20,000 and $15,000 respectively for accessibility modifications); and the Homeowner Assistance Fund Program (pandemic-era repairs for homeowners 55+). Since inception, Alaska CDC has managed the expenditure of over $150 million, weatherized more than 11,700 low-income homes and 560 public housing units, rehabilitated over 320 homes, completed accessibility modifications for 600+ seniors and Mental Health Trust beneficiaries, constructed 98 new homes, and assisted 450+ homebuyers.

The organization is funded primarily by grants from the U.S. Department of Energy, U.S. Department of Housing and Urban Development, U.S. Department of Agriculture (Rural Development), Alaska Housing Finance Corporation, the State of Alaska Department of Health and Social Services, and the Alaska Mental Health Trust Authority. Alaska CDC also operates as a state-licensed mortgage broker (NMLS# 358478), providing loan packaging for USDA Rural Development 502 loans and processing HOP applications through its lender network. Services are delivered at no cost to eligible households, financed through grants and supplemented by mortgage brokerage fee revenue. Geographic service areas include the Mat-Su Borough, Kenai Peninsula Borough, Municipality of Anchorage, Copper River Valley, Tok, Kodiak, Whittier, Haines, Gustavus, Ketchikan, Sitka, Wrangell, Bristol Bay Borough, Lake and Peninsula Borough, and other communities statewide.

The business is governed by a Board of Directors including representatives from MTA, First National Bank Alaska, and Northrim Bank, and operated by Executive Director Curt Christiansen and an Associate Director overseeing approximately 10-12 staff across weatherization, senior access, accounting, construction, program coordination, loan packaging, and energy specialist functions. Direct service delivery is executed through Alaska CDC's own staff augmented by a contractor network of licensed, bonded, and insured providers. Marketing is conducted primarily through the alaskacdc.org website, community referral networks (Alaska 211, United Way, housing authorities), and corporate partnerships including the Fred Meyer Community Rewards program.

Name

Alaska Community Development

Legal name

Alaska Community Development Corporation

Website

https://alaskacdc.org

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Alaska Community Development Corporation is a Palmer, Alaska-based non-profit founded in 1979 that administers federal and state housing and energy-efficiency programs for low-income Alaskans, including weatherization, accessibility modifications, self-help new construction, and down-payment assistance across the state.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Administration of Housing Programs, Urban Planning, and Community Development (925), Administration of Urban Planning and Community and Rural Development (92512), Administration of Conservation Programs (92412)

akta.pro primary industry

Housing Rehabilitation, Weatherization & Home Repair Grant/Loan Programs (FSALAKAJ)

Keywords

• Affordable housing programs
• Home weatherization services
• Energy efficiency upgrades
• Home accessibility modifications
• Homeownership assistance loans

Headquarters

HQ city

Palmer

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Federal and State Grant Funding: Alaska CDC operates as a non-profit receiving funding from federal and state sources including U.S. Department of Energy, U.S. Department of Housing and Urban Development, U.S. Department of Agriculture, Alaska Housing Finance Corporation, State of Alaska, and Alaska Mental Health Trust Authority. Programs are delivered at no cost to eligible low-income households.
2. Mortgage Broker Services: Alaska CDC operates as a state-licensed mortgage broker (NMLS# 358478) providing loan packaging services for USDA Rural Development 502 loans and homebuyer assistance through the Home Opportunity Program. Revenue generated through loan origination and packaging fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Alaska CDC is a non-profit direct provider of housing and energy efficiency programs serving low-income Alaskans statewide. Its core offerings include free weatherization and energy efficiency upgrades, home rehabilitation, accessibility modifications for seniors and people with disabilities, subsidized mortgage loan packaging for first-time homebuyers, and mutual self-help new home construction. Programs are funded primarily through federal and state grants and delivered at no cost to eligible households.

Product overview

Alaska Community Development Corporation is a non-profit housing assistance organization that offers a portfolio of housing and energy efficiency programs for low-income Alaskans. The core offerings include the Weatherization Assistance Program and Enhanced Weatherization for energy conservation, the Self-Help Housing Program for new home construction, the Home Opportunity Program for homeownership assistance, and three accessibility-focused programs: the Housing Accessibility Improvement Program (HAIP), Senior Housing Accessibility Modification Program (Senior Access), and Homeowner Assistance Fund Program (HAF). These programs work together to address housing needs across the affordability spectrum from energy efficiency to home purchase to accessibility modifications.

Differentiator

Problem solved

Functional benefit

Products and services

• Weatherization Assistance Program Provides free energy efficiency and safety improvements to low-income households including air-sealing, insulation, and heating system work. Funded through the U.S. Department of Energy and Alaska Housing Finance Corporation. Available to households at or below income limits varying by household size (e.g., 1 person $39,100, 2 person $52,860 as of 4/10/2025).
• Enhanced Weatherization Provides extensive repairs, heating and electrical improvements, housing rehabilitation, and energy conservation measures for existing housing in Bristol Bay Borough and Lake and Peninsula Borough.
• Home Opportunity Program (HOP) Promotes homeownership for low-income households by providing zero-interest loans up to $30,000 with first $10,000 conditionally forgivable over five years. Up to $3,000 in closing cost assistance. Down payment assistance available. 80% of median income eligibility threshold. Operates statewide except Municipality of Anchorage. Referred through over 20 participating lenders.
• Self-Help Housing Program USDA Mutual Self-Help Housing program enabling low-income families to build their own homes through mutual group construction. Requires minimum 25 hours/week buyer labor contribution. Homes are 3-4 bedroom, 2-bath with 2-car garage, 5 Star Plus Energy Rated, priced at approximately $291,000 with USDA subsidized mortgages.
• Housing Accessibility Improvement Program (HAIP) Grants funded by State of Alaska Department of Health and Social Services and Alaska Mental Health Trust Authority for accessibility improvements including ramps, barrier-free showers, stair lifts, and door widening. Maximum grant is $20,000 for owner-occupied homes and $15,000 for rentals. Average grant award is around $14,000. Beneficiary must live in home for 3 years.
• Senior Accessibility Program (Senior Access) Provides grants up to $15,000 for home accessibility modifications for seniors 55 years or older in owner-occupied homes and rentals, and up to $5,000 for tenants in small assisted living facilities (5 beds or less). Modifications cannot exceed $20,000 per assisted living facility. Services Anchorage, Whittier, Mat-Su Borough, Kenai Peninsula, Copper River Basin, and Kodiak.
• Homeowner Assistance Fund Program (HAF) Grant program funded by Alaska Housing Finance Corporation and U.S. Department of Treasury providing critical home repairs and health and safety improvements for homeowners 55+ who experienced pandemic-related financial hardship. Includes the Summer 2026 Home Repair Grant.
• USDA Rural Development Loan Packaging Services State-licensed mortgage broker services (NMLS# 358478) providing loan packaging for USDA Rural Development 502 loans and Home Opportunity Program loans. Revenue generated through loan origination and packaging fees.

Quantifiable outcome

• Weatherized over 11,700 low-income homes
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered supporting, minor and core.

• Housing Assistance CouncilsupportingStrategic or Co-development PartnerNational non-profit providing SHOP (Self-Help Homeownership Opportunity Program) funding and support for self-help housing construction.
• World ChangersminorStrategic or Co-development PartnerVolunteer organization contributing to self-help housing construction projects in Alaska.
• Fred MeyersupportingGTM or Marketing PartnerCommunity Rewards program allows Fred Meyer customers to link their Rewards Card to donate to Alaska CDC. Fred Meyer contributes $2.6 million annually to non-profits in the Pacific Northwest including Alaska CDC.
• Academy MortgagecoreChannel Partner/ Reseller/ DistributorParticipating lender in Home Opportunity Program, referring homebuyers and processing HOP applications alongside primary mortgage loans.
• Denali Federal Credit UnioncoreChannel Partner/ Reseller/ DistributorParticipating lender in Home Opportunity Program serving credit union members seeking affordable homeownership.
• Guild MortgagecoreChannel Partner/ Reseller/ DistributorParticipating lender in Home Opportunity Program with statewide mortgage operations.
• Movement MortgagecoreChannel Partner/ Reseller/ DistributorParticipating lender in Home Opportunity Program providing primary mortgage financing for assisted homebuyers.
• Neighborworks AlaskacoreChannel Partner/ Reseller/ DistributorNon-profit housing organization and participating lender in Home Opportunity Program with shared mission of affordable housing.
• Spirit of Alaska Federal Credit UnioncoreChannel Partner/ Reseller/ DistributorParticipating lender providing USDA and conventional mortgages for HOP-assisted homebuyers in Alaska.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• NeighborWorks Alaska: Alaska-based NeighborWorks affiliate providing homebuyer assistance, housing development, and foreclosure prevention. Acts as both a participating lender in Alaska CDC's HOP program and a direct competitor for the same federal and state housing funding pools in Alaska.
• Cook Inlet Housing Authority: Regional housing authority serving Anchorage and the Matanuska-Susitna region, providing affordable rentals, homebuyer programs, and supportive housing. Competes with Alaska CDC for state and federal housing assistance dollars in overlapping Southcentral Alaska service areas.
• RurAL CAP (Rural Alaska Community Action Program): Alaska-based community action agency delivering weatherization, energy assistance, and Head Start programs statewide. Direct peer with overlapping low-income assistance programs and competition for federal DOE and state weatherization funding.
• Rebuilding Together: National nonprofit providing home rehabilitation, accessibility modifications, and critical home repairs for low-income homeowners. Comparable mission to Alaska CDC's home rehabilitation and accessibility programs, though Rebuilting Together operates primarily in the Lower 48.
• Housing Assistance Council: National nonprofit that provides SHOP funding and technical assistance to rural self-help housing programs, including Alaska CDC's Mutual Self-Help Housing Program. Functions as both a partner and a peer organization supporting rural affordable housing delivery.
• Rural Community Assistance Corporation: Regional nonprofit providing funding, training, and technical assistance to rural communities in the western U.S. for water, housing, and community facilities. Listed as a funding partner for Alaska CDC and operates comparable programs for rural populations.

Broad incumbents

• Habitat for Humanity (Alaska affiliates): National nonprofit building affordable homes through volunteer labor and zero-interest mortgages, with active affiliates in Anchorage, Mat-Su, and other Alaska regions. Comparable to Alaska CDC's Self-Help Housing program in methodology and customer base.
• Alaska Housing Finance Corporation: State housing finance agency that provides grants, mortgages, and weatherization funding to Alaska CDC and competing providers. As a quasi-governmental primary funder, AHFC is both Alaska CDC's biggest partner and a structural force shaping competitive dynamics in Alaska.

Emerging players

• Energy Outreach Colorado: Nonprofit providing energy bill payment assistance, weatherization, and energy efficiency programs to low-income Colorado households. Comparable business model to Alaska CDC's weatherization and energy assistance programs, though operating in a different (less geographically extreme) region.

Regional players

• Tlingit-Haida Regional Housing Authority: Regional housing authority serving Southeast Alaska tribal communities, providing affordable housing, homebuyer assistance, and weatherization. Directly competes with Alaska CDC in the Southeast Alaska service area for federal and tribal housing funding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AlaskaCDC
• LinkedInlinkedin.com/company/alaska-community-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alaska Community Development