The Facts

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Alaska’s pervasive housing shortage stifles economic growth, impedes workforce attraction and retention, hampers community well-being, and undermines family stability. 

Post-pandemic conditions such as skyrocketing construction costs, financing hurdles, and a scarce workforce exacerbate our already serious housing problems. Lack of housing is the number one reason why businesses say they can't grow.

• Alaska’s workforce is grappling with a housing affordability crisis. Alaska’s workers, from healthcare workers to teachers to cooks, can no longer afford rising housing costs.
• Alaska is in a housing development rut. Housing production has shriveled since most development exceeds what Alaskans can afford.
• Alaska’s aging housing stock is holding us back. Housing construction peaked in the 1980s. As new construction and renovations lag, our outdated housing stock is a major obstacle to attracting and retaining a workforce, preventing economic growth.