Alaska New Home Construction Rebate
$10,000
About the Program
You could be eligible for $10,000 through AHFC's New Home Construction Rebate. This state-funded rebate would be paid to eligible applicants after completion of new home construction.
Check Your Eligibility
Basic eligibility requirements are listed below.
- The home's foundation must be completed and inspected on or after January 2, 2025.
- The home must meet a minimum 5-Star Plus or higher energy efficiency standard.
- The home must be owner-occupied.
- The rebate is restricted to single-family residences, duplexes, triplexes and fourplexes where the homeowner occupies one unit.
- Payment is contingent on new home construction being completed within 18 months of application.
- The rebate is not available for developers, investment properties and non-residential buildings.
Get Ready To Apply
To complete your application, you'll need the following information readily available.
If the home is not completed at the time of application:
- If working with a contractor, a copy of the contract with the builder. AHFC will verify the contractor has an active Contractor License and a Residential Endorsement License.
- Proof of a commitment that the home will meet a 5-Star Plus or higher energy efficiency standard in the form of either an Energy Rating From Plans* or a letter signed by the builder.
- Upon completion of construction, you will also need to supply:
- Proof of ownership (e.g., title transfer deed, warranty deed, or tax assessment notice).
- A PUR-101 showing that the home meets a 5-Star Plus or higher energy efficiency standard.*
- A PUR-102 or Certificate of Occupancy.
- W-9 for tax purposes.
If the home is already completed at the time of application:
- Proof of ownership (e.g., title transfer deed, warranty deed, or tax assessment notice).
- A PUR-101 showing that the home meets a 5-Star Plus or higher energy efficiency standard.*
- A PUR-102 or Certificate of Occupancy.
- W-9 for tax purposes.
- If contractor-built, AHFC will verify the contractor has an active Contractor License and a Residential Endorsement License.
*Proof of the required energy efficiency standard must be provided by an AHFC-authorized energy rater. Find more information and search for an energy rater below.
Application Process
The basics of the application process are:
- You submit a completed application and all required supporting documents.
- AHFC reviews all application materials, and if determined eligible, you will be preliminarily approved for the rebate (if home construction is not completed) or approved (if home construction is already completed).
- If preliminarily approved, you will need to submit additional materials before completion of home construction for final approval.
- Once application materials are submitted and AHFC confirms that you have met all program requirements, funds will be distributed to you, the homeowner.
- Once awarded, homeowners may determine how to utilize the rebate and will receive a 1099-G. Applicants should consult a tax professional for any tax consequences that result.
Apply Now
AHFC is accepting applications for The New Home Construction Rebate. The application period will remain open until funding is exhausted. Funds are available on a first-come, first-served basis.
Check your eligibility and apply. >>
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