Doc Meister - Housing: Single Family

for Chignik Bay Community Plan

Housing: Single Family (ID: 1013)

According to the FY05 NAHASDA funding formula, the "need" component as computed by HUD through BBHA for Chignik Bay is $ 37,486. One half of these funds stay in a regional pool for construction of homes in accordance with a ranked regional list of villages, the other half of the funds are passed through to the Chignik Bay Tribal Council for locally administered programs, such as rehab of village residents' owned homes, and youth programs.

There are approximately 36 homes, including fifteen residential HUD homes in Chignik Bay, eleven of which have conveyed to homeowners as this writing (March. 05).

Chignik Bay's rank for FY05 on the regional pool for new single family homes funded by HUD/NAHASDA is position # 7, which would provide funding for 4 to 5 new homes for Chignik Bay in 2011, assuming current levels of funding for HUD programs remain relatively stable.

There is no multi-family housing in Chignik Bay. BBHA will look at the feasibility of multi-family housing financed by Tax Credits through the Alaska Housing Finance Corporation, which is a competitive process, should the demand and waiting exist. The project could be four-plex apartments in nature, combined with such buildings in other neighboring villages, to make the project financially feasible

There is currently no specified Elder housing in the Village. Bristol Bay Housing Authority, in cooperation with the Village Council will monitor the need and determine feasibility of such a project. Funds for such a project can come from Alaska Housing Finance Corporation's "GOAL" program, which requires Senior projects to be "Named" recipients through Alaska Legislative Appropriations, other sources may include the HUD 202 (Public Housing)funds, which require a separate 501(c) 3 be set up for this purpose.

Single family homes in Chignik Bay, constructed and ready for move in are estimated at $230,000.