The Alaska Housing Finance Corporation will stop accepting new applications for the Home Energy Rebate Program waitlist next month.
People who are in the process of making their homes more energy efficient are still eligible to receive up to $10,000 for home improvements.
As of Jan. 15, 113 people were on the waitlist, and AHFC still has $5 million that isn’t currently obligated for specific homes. But AHFC Governmental Relations Director Stacy Schubert says that money could be moved out of the program through the legislature’s budget process.
Since the program started in 2008, nearly 25 thousand families have received rebates for doing things like adding insulation to their homes or improving their heating systems. Rebates averaged about $6,500.
New participants can still sign up for the waitlist until March 25.
