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HB 278: "An Act relating to the administration of the Alaska energy efficient home grant fund by the Alaska Housing Finance Corporation."

00 HOUSE BILL NO. 278 01 "An Act relating to the administration of the Alaska energy efficient home grant fund 02 by the Alaska Housing Finance Corporation." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 18.56.410(b) is amended to read: 05 (b) Subject to appropriation, the corporation may grant funds from the Alaska 06 energy efficient home grant fund to agencies of the state or federal government, 07 individuals, or businesses that retrofit existing single family dwellings or build new 08 single family dwellings that meet criteria adopted by the corporation. Under the 09 authority of this subsection, the corporation shall provide for disbursements by 10 the payment of grant proceeds to the agency, individual, or business that is the 11 grant applicant 12 (1) as a rebate; or 13 (2) based on vouchers submitted by the applicant describing, with 14 a particularity that is satisfactory to the corporation, the expenditures incurred

01 or to be incurred for which the payment is requested; for a disbursement based 02 on a voucher submitted under this paragraph, the corporation may make the 03 payment jointly to the applicant and to the person providing the service for 04 which the payment is requested.