Cook Inlet Housing Authority builds community in Eagle River, Alaska | Housing Finance Magazine

Ken Graham Photography
The Cook Inlet Housing Authority’s Qintali View offers 27 seniors housing units in Eagle River, Alaska.

Cook Inlet Housing Authority (CIHA) brings together seniors and families with a variety of housing options at its Coronado Park development in Eagle River, Alaska, a community in the Municipality of Anchorage.

With a limited supply of affordable housing in the community, CIHA developed the first phase – Coronado Park Senior Village, a 56-unit affordable senior housing building and seven quadruplex family workforce housing buildings – on the site of a dilapidated trailer park to meet the need. The second phase was to include townhouses for sale from a private developer, but plans changed when the economy began to slow in Alaska in 2016.

CIHA reviewed the plan and decided to expand the second phase to provide additional housing for seniors, the state’s fastest growing demographic, and families. The mixed-income Coronado Park II is made up of six affordable rental duplexes for families and a 27-unit seniors’ apartment building named Qintali View.

“Developing additional affordable housing options in Alaska is always important, but especially with the declining economy and a global pandemic, it becomes even more urgent,” said Mark Fineman, CIHA’s vice president of development.

In addition to Qintali View, Coronado Park II offers much-needed family accommodations in six duplexes.
Ken Graham Photography
In addition to Qintali View, Coronado Park II offers much-needed family accommodations in six duplexes.

The second phase was completed in the summer of 2020, at the height of the pandemic. Although it did not accept applications in person, the CIHA received nearly 400 applications for the 39 available units. The units for the elderly reached full occupancy in five months and the duplexes in three months.

As an Alaska Native organization and tribally designated housing entity working on traditional and current Dena’ina lands, CIHA focuses on knowing the place and honoring the area’s history in naming its properties. developments. As part of this ongoing initiative, CIHA named the seniors’ building Qintali View because residents have a view of Mount Baldy, a landmark in Eagle River that the Dena’ina called qintali, which translates by a large crest.

With the second phase, CIHA was also able to add to the existing green space in the community, doubling the size and creating flowerbeds for all neighborhood residents as well as a place to gather.

“The larger park really helps mark the Coronado Park neighborhood and becomes a central amenity that everyone can enjoy, both actively and passively,” adds Fineman. “The park is a place to foster bonds and relationships between neighbours.

In addition, the development exceeds the state building energy efficiency standard. Qintali View uses photovoltaic panels on the roof and south-facing exterior wall to supplement electricity needs in common areas and exterior lighting. The system is designed to produce enough energy to offset $40 per unit per year, reducing CIHA’s operating costs and helping to keep rents affordable.

The $10.3 million development was funded primarily through low-income housing tax credits provided by Alaska Housing Finance Corp. and equity through R4 Capital. Additionally, funding was provided by the State of Alaska, Federal Home Loan Bank of Des Moines, Northrim Bank, Rasmuson Foundation, and CIHA.

Other development partners include architect Spark Design as well as general contractors FE Contracting on Qintali View and Cook Inlet Housing Authority Force Account for the construction of the duplexes.