Proposed Public & Charitable Sale at Cheri Lake Subdivision to Alaska Housing Finance Corporation, ADL 234811

The Alaska Department of Natural Resources (DNR), Division of Mining, Land and Water, is proposing a non‑competitive, “no‑cost” conveyance of approximately 42.64 acres of state‑owned land (Tracts A, B, D, and Lot 14, Block 9, Cheri Lake Subdivision) to the Alaska Housing Finance Corporation (AHFC) for public and charitable housing development. The land is located about 1.5 mi southeast of Houston, AK, within the Matanuska‑Susitna Borough. AHFC will assume all administrative costs (e.g., surveying) and must comply with numerous environmental, access, and setback requirements, including 50‑ft public‑access easements along lakes and a 100‑ft building setback/riparian buffer along an unnamed creek. The proposal includes a related Mineral Order to close the parcel to new mineral entry. Public comment is accepted until 4:30 PM, Monday August 31, 2026. • 42.64 acres of state land to be transferred at no cost to AHFC. • Intended use: affordable housing development (≈1 unit per 0.75 acre). • Required post‑conveyance actions: survey, obtain permits, comply with easements, setbacks, and mineral‑estate reservations. • Public comment deadline: 08/31/2026; no pre‑bid meeting or site visit required. • Primary contact for comments: Andrew Miller (public information).