Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 15. Revenue. |
Chapter 15.154. Grant Programs. |
Article 15.154.2. Senior Citizens Housing Development Grants. |
Section 15.154.130. Period of use as senior housing.
Latest version.
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Any housing development assisted with grant funds under this section, shall record a covenant to run with the land that binds the use of the property as senior housing for a minimum of 30 years or the length of time required by an accompanying loan or grant program, whichever is the longest.
Authorities
18.56.088;18.56.810