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  6.  | ACDA Welcomes New Development Director

ACDA Welcomes New Development Director

May 1, 2025 | Government, Right Moves

Photo Credit: Anchorage Community Development Authority

The Anchorage Community Development Authority (ACDA) appointed Chad Stovall as its new Development Director. In this role, Stovall is responsible for land development strategy, housing and economic growth initiatives, and projects that align with the municipal corporation’s mission to create a vibrant and prosperous Anchorage.

Stovall brings more than eighteen years of experience in federal, state, and community development leadership to this role. He most recently served as the Alaska Field Office Director for the US Department of Housing and Urban Development, where he managed more than $700 million in annual appropriations and led efforts to strengthen housing and infrastructure initiatives statewide. During his tenure, he was nationally recognized for launching groundbreaking projects, including the Team Alaska expeditionary 3D concrete printer showcased at the 2024 Innovative Housing Showcase in Washington, DC.

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Stovall previously held senior leadership roles at the Denali Commission and US Department of Agriculture Rural Development agency, where he pioneered infrastructure investments, rural innovation programs, and market-enhancing partnerships through creative, data-driven, and collaborative approaches.

“Chad’s deep understanding of Alaska’s development landscape, combined with his proven leadership in housing and infrastructure, will be a tremendous asset to ACDA,” says ACDA Executive Director Mike Robbins. “His vision and experience will strengthen our efforts to expand housing opportunities and accelerate revitalization projects that benefit all of Anchorage.”

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Alaska Business Magazine January 2026 cover
In This Issue
JUNIOR ACHIEVEMENT OF ALASKA + INDUSTRY SUPPORT
January 2026
In our first issue of 2026, we are again featuring two special sections: Junior Achievement of Alaska and Industry Support.

We’re honored again this year to celebrate our partnership with Junior Achievement of Alaska, a nonprofit that educates local youth about enterprise, business, money, and financial literacy. In the special section, three Junior Achievement of Alaska students weigh in on their experience with the exceptional volunteers and teachers involved with the program.

And in Industry Support, we explore the range of varied services that industry in Alaska requires, from mancamps to spill response to off-grid energy solutions.

Outside the special sections, make sure to check out the 2026 Economic forecast, where Alaska leaders share their insights on what may lie ahead in the coming year. Enjoy!

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