The agency & primary document
- Allocating agency
- Alaska Housing Finance Corporation (AHFC)
- QAP / guidelines
- https://www.ahfc.us/pros/homelessness/development-grants/goal
- Governing document
- AHFC GOAL Program Rating and Award Criteria Plan (QAP), Version January 28, 2026
- Methodology
- Agency-specific standalone methodology
Required market study sections
Alaska uses its own standalone market study methodology rather than the NCHMA Model Content Standards. Own-methodology (pure). AHFC uses a self-contained vacancy-based scoring methodology (Dept. of Labor 'Rental Market Indicators') with zero NCHMA reference, and itself commissions the required market study at pre-application.
Key Alaska rules
- Staleness window
- Not specified — AHFC commissions studies fresh each cycle from pre-application materials, so staleness is effectively moot
Alaska-specific overlays
- Market study is a threshold requirement for ALL 9% LIHTC proposals (AHFC commissions it)
- Rental Market Strength scoring (up to 15 pts) keyed to vacancy tiers: >12%=0; 9–12%=2; 7–<9%=6; 6–<7%=10; 4–<6%=13; <4%=15
- If a project is not in a DOL-survey-covered area, the vacancy rate is determined via a market study using the DOL's methodology
- Community-support letters required at threshold
Required companion documents
- Rental Development Analysis Workbook
- GOAL Policies and Procedures manual
- AHFC 'Rental Market Indicators' / Vacancy Summary Report (DOL-based)
- Annual Notice of Funding Availability (NOFA)
- Schedule of Real Estate Owned (SREO)
Things analysts miss in Alaska
- AHFC commissions the market study itself from pre-application materials — unlike most states where the developer procures it
- The novoco.com mirror of the QAP returns 403 — use the ahfc.us copy
Produce a compliant Alaska market study in minutes
StudyScribe auto-fills BLS, Census, HUD & FBI data, applies Alaska Housing Finance Corporation (AHFC)'s requirements, and exports a publication-ready DOCX. Start free — no credit card.
Start a free Alaska report →Frequently asked questions
Who reviews LIHTC market studies in Alaska?
Alaska Housing Finance Corporation (AHFC) sets the market study requirements and reviews submissions for Alaska Low-Income Housing Tax Credit applications.
How current must a Alaska LIHTC market study be?
Not specified — AHFC commissions studies fresh each cycle from pre-application materials, so staleness is effectively moot
Does Alaska follow NCHMA standards?
Own-methodology (pure). AHFC uses a self-contained vacancy-based scoring methodology (Dept. of Labor 'Rental Market Indicators') with zero NCHMA reference, and itself commissions the required market study at pre-application.
Other states
This summary is for general reference and reflects Alaska Housing Finance Corporation (AHFC)'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.