SOURCE: Alaska Housing Finance Corporation

Alaska Housing Finance Corporation

January 27, 2011 12:10 ET

Roppel Re-Elected AHFC Board Chair

ANCHORAGE, AK--(Marketwire - January 27, 2011) -  Alaska Housing Finance Corporation (AHFC) board of directors, at its annual meeting, re-elected Frank Roppel of Wrangell to serve as the board chair. Governor Murkowski appointed Roppel to the board of directors in July 2003, and he has served as chair since that time. Roppel previously served on the Alaska State Housing Authority (ASHA) and AHFC boards for 12 years in the '70s and '80s. He retired from Alaska Pulp Corporation in 2001. Roppel is also chairman of the Alaska Gasline Development Corporation, a subsidiary of AHFC which is dealing with construction of a natural gas line to provide gas to the major population centers of Alaska.

The board also re-elected N. Claiborne Porter from Anchorage as vice-chair. Mr. Porter has served on the board since May of 2005.

The seven-member board consists of four governor appointees: Roppel, Porter, Brent Levalley of Fairbanks, and Marty Shuravloff of Kodiak. The remaining three members are state commissioners: Susan K. Bell, Commissioner, Dept. of Commerce, Community & Economic Development; Bryan Butcher, Commissioner, Dept. of Revenue; and William J. Streur, Acting Commissioner, Dept. of Health & Social Services.

AHFC is a self-supporting public corporation with offices in 16 communities statewide. It provides statewide financing for multi-family complexes, congregate facilities, and single-family homes, with special loans for low- and moderate-income borrowers, seniors, veterans, teachers, nurses, and those living in rural areas of the state. AHFC also provides energy and weatherization programs, low-income rental assistance in 16 communities, and special programs for the homeless and those seeking to become self-sufficient. AHFC contributes more than $100 million annually to Alaska's State budget revenues through cash transfers, capital projects and debt-service payments.

Contact Information

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