REHABILITATION OF EXISTING HOMES
Village Rehabilitation Program
One of the greatest housing needs that were unmet before NAHASDA was
improvement and preservation of existing homes. In cooperation with tribes,
IRHA's housing
rehabilitation program evaluates the condition of homes, and develops budgets
for needed work items. The tribe reviews and approves the proposed scope of work,
based on NAHASDA funds allocated to the tribe by Congress. After retaining an
on-site project foreman, IRHA hires and trains local residents to perform the
rehabilitation work.
Village Rehabilitation Program Application
Fairbanks Rehabilitation Loan Program
This rehabilitation program was created to assist existing homeowners living within the Fairbanks North Star Borough with weatherization and rehabilitation of their homes. In this program IRHA provides both labor and equipment. This program is to be utilized by owner occupied privately owned homes only.
- The maximum amount of assistance is $25,000.
- The first $15,000 of the loan shall be forgivable with 10% of the loan being forgiven each year over a ten year period.
- Any loan amount over $15,000 shall be amortized for up to 10 years at an annual percentage rate of 1%.
- The homeowner will be required to enter into a Debt Forgiveness Agreement and for loans exceeding $15,000 the homeowner will be required to sign a promissory note with the IRHA for repayment of the loan along with a deed of trust.
We are accepting applications for the 2008 season.
Fairbanks Rehabilitation Loan Application
Self Help Rehabilitation Program
This owner occupied rehabilitation program was created to assist existing
homeowners with the repair and rehabilitation of their homes. In this
program, the homeowners do the rehabilitation work themselves and IRHA
provides the materials only. This program is intended where homes require
a minimal amount of rehabilitation work and the homeowner is sufficiently
skilled to perform the necessary work. This program is to be utilitzed
by owner occupied privately owned homes only. This program provides a
grant of $25,000 for an individual homeowner which does not have to be
paid back to IRHA.
Self Help Rehabilitation Application

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Interior Regional Housing Authority, All
Rights Reserved.
828 27th Avenue, Fairbanks, Alaska 99701
Phone: 907.452.8315 1.800.478.IRHA (4742)
Fax: 907.456.8941 Email: housing@irha.org
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