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Down payment assistance

Buying a home in Lakes, AK

14 statewide.

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What’s local to Lakes

No program run for Lakes or for Matanuska-Susitna alone is listed. A home in Lakes can use the Alaska statewide and federal programs below.

The closest city that runs its own program is Anchorage, about 33 miles away. City programs usually require the home to be inside that city’s limits.

Income limits in Matanuska-Susitna

How programs here set their income limits

$119,300
County area median income, 4 people (HUD)

See the published limits for Matanuska-Susitna

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Across Alaska and nationwide

76 statewide & federal programs

Lakes questions

Does Lakes have its own down payment program?

No program run for Lakes alone is listed. A home in Lakes can use the 14 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Lakes?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Matanuska-Susitna?

Each program sets its own. 12 of the programs here set theirs as a share of HUD’s area median income for Matanuska-Susitna, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Lakes?

HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.

Sources: agency sites (July–August 2026), HUD FY2026, HUD counseling list. Hey Prescott is not a lender.