Loussac Place is One Answer to Anchorage's Affordable Housing Needs

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by Russ Slaten

Anchorage has seen major growth over the past few decades and one effort to keep up with the need for housing is the new development of Loussac Place. The midtown neighborhood will make it easier for families of all incomes to find affordable housing.

Developers Cook Inlet Housing and Alaska Housing Finance Corporation said the need to add homes in the Anchorage area, and replace an under-utilized site with one that is more appropriate for the space were two of their main goals.

Loussac place, located between A and C Street on West 20th Avenue, is a mixed income neighborhood. Residents will include low and moderate income tenants who meet the income eligibility guidelines, as well as those who meet workforce development income guidelines, which has no imposed income limit but caps rent at an affordable level.

There are about 40 two-bedroom and 40 three-bedroom units dispersed throughout the neighborhood, and 28 one-bedroom and 14 four-bedroom apartments.

Officials said local schools are already expecting the influx of students set to live at Loussac Place.

Construction of the entire community is expected to be complete by December.

Assembly Member representing the area, Elvi Gray-Jackson said the new neighborhood is a positive way to answer the housing needs of Anchorage.

"It's gonna be a wonderful mixed-income place for people in our neighborhood to live. I think it's gonna, without a doubt, boost the economy in the midtown area. And just make it convenient for folks to have affordable and decent housing," said Gray-Jackson.

The most popular two-bedroom apartment is set for less than $1000 a month, and a three-bedroom apartment ranges between $1000 to under $1400 a month.

"We've taken over 550 applications. There is certainly a need for affordable housing, so to do that right, was important to redevelop instead of just trying to repair the homes that were here was a major decision for Alaska Housing, and I think it was the right decision," said Cook Inlet Housing President and CEO Carol Gore.

Originally built in 1967, Loussac Manor offered 62 units. The new development now known as Loussac Place will offer 120 units of affordable public and workforce housing.

 

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InTheSameBoat said on Thursday, Aug 9 at 4:34 PM

I feel exactly like you do.... I have not had a full time job since July 2010. As of Oct 2011 I have had 3 long term temporary jobs. I am by myself and although I do manage to pay my rent and car payment each month - it certainly has NOT been easy my saving too a huge beating and I have had to take on a room mate. Which I do not like having to do that. Also I have exhausted my unemployment totally. Since I am not able to find a full time permanent job (btw I am 56 and can't find permanent work) - I am just glad that I have been able to get temporary jobs. I wish I could move into the senior housing - I am a good tenant, don't smoke, don't do drugs, not a party person. Very clean and quiet... If it comes to the point where I can't afford where I live (which may happen) then I guess I will be out on the street... it certainly can happen! :(

1sayeroftruth said on Friday, Aug 3 at 4:59 PM

To bad the people at CIHA have so many friends.Just check out the other AFORDABLE housing in Anchorage BMW's,Audi's,Escalade's. And my wife and I both are disabled but they never call people like us.We worked three and four jobs all of our lives.We just lost our home and had enough in our pockets to rent a motel for the week. We were told about a year ago that they threw the list for houses away.Then we reapplied guess what we did not qualify the next time they said made to much money on disability and unemployment.We are over 55 and can't get any work and now no place to stay so my question is who qualifies other than friends and family of the workers at CIHA

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