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New Home Construction Rebate (AHFC)

Alaska Housing Finance Corporation (AHFC) - Alaska Housing Energy · Statewide, Alaska

Last verified
See what you qualify forOfficial program site →
Assistance

$10,000

The maximum the program publishes — not an offer

Repayment

Grant

Not repaid

What is New Home Construction Rebate (AHFC)?

New Home Construction Rebate (AHFC) is a grant for homebuyers in Statewide, Alaska, administered by Alaska Housing Finance Corporation (AHFC) - Alaska Housing Energy.

  • AHFC's New Home Construction Rebate is a state-funded $10,000 rebate paid after completion of a newly constructed, owner-occupied Alaska home meeting a 5-Star Plus or higher energy standard. The foundation must be completed/inspected on or after January 2, 2025 and construction completed within 18 months of application. Funds are first-come, first-served until exhausted.
  • $10,000 cash rebate for buying/building a new energy-efficient (5-Star Plus+) home.
  • Funding comes from State of Alaska (state-funded rebate administered by AHFC).

How much assistance does it provide?

New Home Construction Rebate (AHFC) offers up to $10,000 in assistance.

  • Amounts are the program's published maximums, not an offer — Alaska Housing Finance Corporation (AHFC) - Alaska Housing Energy determines any individual award.

Do you have to pay it back?

New Home Construction Rebate (AHFC) is structured as a grant, so it is not repaid.

  • The assistance is recorded in None position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

New Home Construction Rebate (AHFC) is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • DRAFT (dpa-gap-finder 2026-06-14): pending review. Foundation completed/inspected on/after Jan 2, 2025; 5-Star Plus+ energy standard; owner-occupancy; completion within 18 months; licensed contractor; recipient receives 1099-G.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

New Home Construction Rebate (AHFC) sets its income limit as follows: No income limits stated.

  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

New Home Construction Rebate (AHFC) can be used for Single Family and 2-4 Unit.

  • New construction is eligible.

Where does it apply?

New Home Construction Rebate (AHFC) serves buyers purchasing in Statewide, Alaska.

How do you apply?

Applications for New Home Construction Rebate (AHFC) go through Alaska Housing Finance Corporation (AHFC) - Alaska Housing Energy, which publishes the current terms and the application steps on its own site.

  1. Contact Alaska Housing Finance Corporation (AHFC) - Alaska Housing Energy to reserve funds

    Funds are reserved through Application portal app.alaskahousingenergy.us; first-come, first-served., and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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