Upon endorsement and plan approval by a local historical district commission established under Alaska Stat. § 29.55.010 or former Alaska Stat. § 29.48.108 and the recommendation of a majority of the members of the Alaska Historical Commission, the Department of Commerce, Community, and Economic Development may make loans to a person, firm, business, or municipality subject to applicable laws for the restoration, improvement, rehabilitation, or maintenance of a structure that is

(1) within the boundaries of a historical district established under Alaska Stat. § 29.55.020 or former Alaska Stat. § 29.48.110 and identified as important in state or national history as provided for in Alaska Stat. § 29.55.020(b) or former Alaska Stat. § 29.48.110(b); or

Terms Used In Alaska Statutes 45.98.020

  • municipality: means a political subdivision incorporated under the laws of the state that is a home rule or general law city, a home rule or general law borough, or a unified municipality. See Alaska Statutes 01.10.060
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(2) a building or structure within a historical district, that is suitable for superficial modification so that it can conform to the period or motif of the surrounding buildings or structures that are the reason for the area’s designation as a historical district.
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