Alaska § 18.56.710 - Senior housing revolving fund.
Full text of Alaska Alaska Statutes § 18.56.710 — Senior housing revolving fund., with citation guidance and answers to common questions.
§ 18.56.710. Senior housing revolving fund.
(a) The senior housing revolving fund is established. The revolving fund consists of appropriations made to it by the legislature, the proceeds of bonds sold under AS 18.56.790 , repayments of principal and interest on loans made or purchased from assets of the fund, and money or other assets transferred to the revolving fund by the corporation. The corporation may (1) pledge amounts deposited in the revolving fund for bonds issued under AS 18.56.790 ;
(2) use amounts deposited in the fund for making, purchasing, or participating in (A) senior housing mortgage loans;
(B) loans made for building materials for senior housing;
(C) loans made for renovation or improvement of or for senior housing, including loans for renovation or improvement of congregate or individual residences; and
(D) loans made for the construction of senior housing.
(b) For each loan proposed to be made under AS 18.56.700 — 18.56.799, the corporation shall determine the financial feasibility of the project for which the loan would be used and the extent to which the project would meet senior housing needs in the area for which it is proposed.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 18.56.710
What does Alaska Statutes § 18.56.710 cover?
Section 18.56.710 ("Senior housing revolving fund.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 18.56.710?
A common citation format is "Alaska Statutes § 18.56.710" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 18.56.710 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.