Cook Inlet Housing Authority (CIHA) celebrated the official grand opening of Loussac Place on Oct. 3. CIHA’s latest development, located in mid-town Anchorage. Loussac Place was developed in partnership with the Alaska Housing Finance Corporation (AHFC) to convert 62 units of outdated public housing formerly known as Loussac Manor into 120 units of quality, affordable housing.
“Loussac Place brought a lot of thoughtful and talented people together,” said Carol Gore, CIHA president and CEO. “To us, it is a clear demonstration that working together at the local level doesn’t just work – it matters. We know building quality, affordable housing matters to everyone – especially to the residents of Loussac Place who are so grateful to be home.”
Loussac Place offers a variety of housing sizes from one- to four-bedroom units, including nine fully accessible apartments. As of the grand opening date, CIHA had received 578 applications, nearly five applicants for every apartment. Ninety applications have been approved, and 63 families have moved into their new homes. Construction on the final buildings of Loussac Place will be completed in early December and all of the new residents will be moved into their new homes by Christmas. Learn more about Loussac Place and CIHA by visiting www.cookinlethousing.org.
