Applications open for mortgage assistance program

Applications are now being accepted for a federally funded financial assistance program for Alaska homeowners.

Applications will be accepted through April 4 by the Alaska Housing Finance Corp., which is administering the $50 million program to help homeowners hurt by income loss the past two years due to the pandemic.

The aid can go toward eligible homeowners' monthly mortgage payments, and may also be applied to current and past-due property taxes, insurance premiums and utility bills.

To qualify, a homeowner must submit proof of financial hardships directly related to the COVID-19 pandemic,...