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Development Partners
Development partners bring local trust, project need, and long-term stewardship. Momentum helps translate that mission into financeable, buildable housing.
Cook Inlet Housing Authority
CIHA is the tribally designated housing entity serving the Cook Inlet region, including Anchorage and the Mat-Su Valley. A long-time development and co-ownership partner on affordable housing projects, CIHA combines tribal housing funding with LIHTC equity to bring new communities online.
NeighborWorks Alaska
The Alaska affiliate of the federally chartered NeighborWorks America network. NeighborWorks Alaska develops rental and ownership housing statewide and provides homeownership education, credit counseling, and foreclosure prevention services — the community-development complement to Momentum's development work.
Rural Alaska Community Action Program
Better known as RurAL CAP, this statewide community-action agency has served rural Alaska for more than 60 years. RurAL CAP is a frequent project partner on affordable and supportive housing developments beyond the road system, where Momentum works alongside their community-development expertise.
Alaska Housing Finance Corporation
AHFC is the State of Alaska's housing finance agency and the single largest source of affordable-housing capital in Alaska. AHFC administers the federal Low-Income Housing Tax Credit program Momentum relies on and underwrites construction, bond, and permanent financing on many of our communities.
Alaska Corporation for Affordable Housing
ACAH is AHFC's nonprofit subsidiary, dedicated specifically to developing and preserving affordable rental housing across Alaska. ACAH has been a direct co-developer and ownership partner on several Momentum LIHTC communities.
Weeks Field Development Group
A long-standing Anchorage-based co-development partner. Weeks Field has worked alongside Momentum on project underwriting, entitlement, and construction oversight for both LIHTC and market-rate communities across Southcentral Alaska.
Larkspur, LLC
Project-specific ownership entity participating alongside Momentum on select LIHTC and mixed-income communities — typical of how tax-credit partnerships are structured to align capital with long-term operations.
Financial Partners
Lenders and financial partners support acquisition, construction, permanent debt, and LIHTC structures that keep projects moving.
First National Bank Alaska
Founded in Anchorage in 1922, First National Bank Alaska is the largest Alaska-owned-and-operated bank and a primary source of construction and permanent lending on Momentum projects. A locally headquartered partner that understands the seasonality and logistics of building in Alaska.
Alaska USA
Now operating as Global Credit Union (rebranded 2023), Alaska USA has served Alaska members since 1948. As a regional lender, Global CU has participated in project feasibility, financing, and long-term asset management on several Momentum communities.
Wells Fargo
One of the largest banks in the United States. Wells Fargo participates at the national-scale level on construction financing, capital stacks, and LIHTC equity investment — bringing institutional capital to Alaska affordable-housing development alongside regional lenders.

