Alaska's freshly signed capital budget includes state funding for a program meant to encourage land development. It's a single line: Statewide Housing Development, $4 million. But according to Republican Senator Bert Stedman of Sitka, that money could help shake loose some land for much-needed housing. He said there's a lot of land around the state, but it's not getting developed.
"The economics don't work, due to the cost of the infrastructure, mainly the roads and the utilities," he said. "So they don't get developed, and they sit there empty, off the tax rolls, in the communities starved fo...
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