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AHFC Weatherization Program Reaches Milestone: 10,500 Families Served

ANCHORAGE, APRIL 23, 2013 – As of March 31, 2013, Alaska Housing Finance Corporation’s
(AHFC) Weatherization Program, serving primarily the elderly, those with disabilities and families
with children younger than age six, has invested more than $205 million since 2008 to improve the
energy efficiency of an estimated 10,500 Alaska homes used by lower-income renters and
homeowners.
The Weatherization Program was created by the U.S. Department of Energy in the late ‘70s and
placed under the Alaska Division of Community and Regional Affairs (DCRA). Later, in 1992, the
responsibility for the program was turned over to AHFC. In 2008, when Alaska was plagued with
exceptionally high energy costs while the state itself was bringing in high revenue, the legislature
dramatically increased funding to $360 million for the Weatherization Program and its companion,
the Home Energy Rebate Program. Since then, more than half a billion dollars have been provided
to AHFC by the governor and legislature for continuing the energy efficiency efforts.
Work is completed in the home by service providers and generally has a very strong local workforce
component, so jobs stay in the communities where families are served.
A report prepared by the Institute of Social and Economic Research (ISER) shows the resulting
energy savings each year; the average savings per home is approximately 30 percent, keeping
hundreds of dollars or more in Alaskans’ hands. The average annual savings amounts to
approximately $1,300 per home.
“The positive economic impact this program has on our state is clear,” said AHFC Executive Director
and CEO Dan Fauske. “We appreciate the support of Governor Parnell and the Alaska legislature in
their desire to help Alaskans save money by allowing AHFC to continue opening doors for Alaskans.”
“The Weatherization Program is having a significant impact on the lives of Alaska families,” said
Association of Alaska Housing Authorities Statewide Administrator Heather Arnett. “Families from
Kiana to Angoon to the state’s urban centers are now living in healthier, warmer homes and are
spending less of their income on home energy costs.”

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