AHA Will Help
Private Enterprise
House Alaska
Aid to private building enter
prises rather than the construc
tion of large numbers of govern
ment housing units will be the
objective of the Alaska Housing
Authority, when Congressional
approval of a fifteen million
dollar housing appropriation for
the Territory is received, E.
Glenn Wilder told the Chamber
of Commerce last week. Mr.
Wilder is director of the Alaska
Housing Authority.
Mr. Wilder said the lack of
new construction is primarily
due to the shortage of private
capital, and it was the interest
of the AHA to help private in
dividuals, through the National
Mortgage Association, rather
than to establish housing units,
similar to the war housing proj
ects of the states.
The recent housing legislation
which awaits Congressional ap
proval of the financial appropri
ation, has enabled the National
Mortgage Association to come
into Alaska. The agency now
can increase the amount of its
loans in Alaska and can make
construction loans in the Terri
tory. v
Under the plan, every loan
made in Alaska would have to
conform to FHA requirements.
However, according to Mr. Wild
er, these requirements are being
liberalized and made to conform
to Alaska’s own construction
problems.
The housing chief told the
Chamber it would be possible to
get housing in the Valley, under
the new legislation, if there were
any group or individual willing
to undertake the sponsorship of
a housing development. The
AHA would assist in getting a
mortgage loan and in carrying
the program through FHA.
Financing requirements call
for a 20 per cent investment by
the sponsor, including land
values. Interest rate on the
mortgage would be 4i/2 per cent.
Mr. Wilder cautioned that
nothing could be done, o'ther
than preliminary planning, un
til money is appropriated to fi
nance the legislation. However
he said his organization was do
ing everything possible to pre
pare the groundwork, and it was
still his hope that some con
struction could be started under
the new program during the
present building season.
It is reported that there is at
least one group of individuals in
the Valley who are prepared to
undertake a housing develop
ment here, the moment the way
is cleared by the Congressional
appropriation.
• SALE •
COTS — COT MATTRESSES
LOBERG'S VARIETY
Snow Slide Gets
Dates Crossed
A full 30 days late this year,
the snow blanketing the steep
canyon sides of Pioneer Peak
slipped from place and tumbled
down to the Anchorage-Palmer
Highway last Friday afternoon.
The fall of snow was smaller
than usual, and the highway
was not entirely blocked by the
slide.
Rusty Dow, who lives at the
foot of Knik Bridge, saw the
slide as it began to boil down
the sides of Pioneer Peak. “Huge
boulders came down ahead of it
and there was an awful roar,”
she described. Mrs. Dow watched
the snow with field glasses until
it descended to the highway,
then drove to Palmer to report
the occurence to Clyde King,
Sr., Alaska Road Commission
foreman.
There was always one-way
passage through the slide area,
Mr. King reported later. One
party of tourists bound for An
chorage drove past the mass of
snow just a few minutes after it
settled on the highway.
The slide split, about two
thirds of the way down the
mountain and reached the high
way in two places. The snow
piled up to a depth of eight feet
at the highway, and fanned out
in a bank about 15 feet wide.
Anchorage reports Friday eve
ning erroneously announced that
a part of Knik Bridge had been
wiped out. The slide came down
in its usual location, which is
about a quarter of a mile be
yond the bridge.
Miss Joanne Frank and James
Hartley, both of Palmer, made
application for a marriage li
cense in Anchorage last week.
IN THE DISTRICT COURT FOR
THE TERRITORY OF ALASKA,
THIRD DIVISION
In the Matter of the Incorpora
tion of the PALMER SCHOOL
DISTRICT
No. A-5489
AFFIDAVIT
UNITED STATES OF AMERICA
TERRITORY OF ALASKA
ss: .
Victor I. Alfsen, being first'
duly sworn, sets forth that he is
not interested in anv way in the
above matter; that “on the 27th
day of May. 1949, he posted type
written copies of the order of
the District Court dated the 24th
day of May, 1949, of which a
copy is attached herpto marked
Exhibit “A” and made a part
hereof, in five places within the
limits of the proposed Palmer
School District, as follows:
1. One on the bulletin board
in the office of the Matanuska
Valley Cooperative Association,
Palmer. Alaska.
2. One on the bulletin board
at the office of the United States
Commissioner, Palmer, Alaska.
3. One on the bulletin board
at the United States Post Office,
Palmer. Alaska.
4. One at Recreation Hall,
Jonesville, Alaska.
5. One at Alpine Inn, Sutton,
A 1q c t a
VICTOR I. ALFSEN
Subscribed and sworn to be
fore me this 27th day of May.
1949.
BEATRICE A. HUNTLEY
Postmaster
Published June 2, 9, 16, 23.
uniting Foof, 10 ft. Mini
Fair Mgr., for Other Details