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Moving Forward: Comprehensive Integrated Mental Health Plan, 2006-2011 

Table E-1
Alaska Rent-Wage Disparities, 2009

Community

Affordable Rent*

For households at 30% AMI*

Affordable Rent

for households receiving SSI and Adult Public Assistance

2-BR FMR

Wage Needed
to Afford 2-BR FMR

Hrs pr wk @
Min Wage**

Fair Market Rent

Per Hour

Anchorage

$627

$202/$109

$1,031

$19.83

109

Barrow

$637

$202/$109

$1,292

$24.85

137

Bethel

$362

$202/$109

$1,418

$27.27

150

Dillingham

$453

$202/$109

$1,174

$22.58

125

Fairbanks

$576

$202/$109

$1,004

$19.31

107

Juneau

$683

$202/$109

$1,281

$24.63

136

Kenai

$537

$202/$109

$855

$16.44

91

Ketchikan

$594

$202/$109

$1,124

$21.62

119

Kodiak

$587

$202/$109

$1,210

$23.27

128

Mat-Su

$567

$202/$109

$981

$18.87

104

Nome

$440

$202/$109

$1,205

$23.17

128

Sitka

$622

$202/$109

$1,073

$20.63

114

Unalaska

$722

$202/$109

$1,174

$22.58

125

Valdez

$603

$202/$109

$1,057

$20.33

112

Table E-1 shows how much money a person in each Alaska census area would need to earn in order for them to be spending only the recommended 30 percent of their income on housing (typical two-bedroom rental). For instance, a person renting a two-bedroom apartment in Anchorage would need to earn $19.83 per hour working regular fulltime hours. But if they were only able to earn minimum wage at $7.15, they would need to work 109 hours per week.

Source: National Low Income Housing Coalition “Out of Reach” reports, compiled by Alaska Housing Finance Corporation (emailed from K. Duncan, AHFC, 7/26/11)

*Affordable rent means monthly rent affordable to a household earning 30% of Annual Median Income, applying the generally accepted standard of spending not more than 30% of income on housing costs.

** Minimum wage of $7.15/hr, effective 1/1/03. (Beginning 1/1/2010, minimum wage was raised to $7.75).
FMR-Fair Market Rent as issued by HUD 10/1/2008 (Federal fiscal year 09 began Oct. 1, 2008)

Cost Effectiveness of Supportive Housing

Cost per day

Hospital

$1,600

API

$732

Nursing Home

$412

Detox

$270

Jail/Prison

$114

Supportive Housing¹

$70

Sources: Compiled by AK Coalition on Housing and Homelessness from OMB, API, DHSS, DOC, Clitheroe Ctr, & AHFC data (email from K. Duncan, AHFC, 7/26/11)

¹Supportive Housing calculation includes rent subsidy of $600/mo-$20/day; care coordination at $20/day; social supports (bus tokens, meal svcs, etc.) at $20/day; and administrative overhead at $10/day.

 

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