ADMINISTRATIVE ORDER NO. 94
OFFICE OF THE GOVERNOR
March 12, 1987
As a result of current economic conditions, the housing market
in Alaska is currently unstable, and in a state of decline. It
is in the best interests of the people of Alaska, and necessary
for efficient administration, that interagency policies and programs
of the State of Alaska affecting the housing market be coordinated,
and that the governor and legislature of the state be advised
of current market conditions and policy options.
Therefore, I, Steve Cowper, Governor of the State of Alaska,
under the authority granted by art. III, secs. 1, 23, and 24
of the Alaska Constitution and by AS 44.17.060 and AS 44.19.145(c),
order the following:
Section 1. Creation and Composition.
The Housing Market Council is hereby created within the Departinent
of Commerce and Economic Development, under the Alaska State
Building Authority. The council consists of the commissioner
of commerce and economic development and a representative of
the Alaska State Building Authority, the Alaska Industrial Development
Authority, the Alaska Housing Finance Corporation, and the Alaska
Permanent Fund. Other members of the council may, from time to
time, be appointed by me.
Section 2. Responsibilities.
The Housing Market Council shall coordinate interagency housing
policy and shall advise myself and the legislature on Alaska
housing market conditions and policy options for the State of
Alaska. The council shall serve as a forum for all housing interests,
including special consumers, owners, investors, and housing-industry-related
Section 3. Administration.
The Housing Market Council shall maintain its own administrative
structure but is not subject to the provisions of AS 37.07 (Executive
Budget Act) or AS 39.25 (State Personnel Act). I will appoint
a chief executive officer to serve at my pleasure. Subject to
the availability of money, the chief executive officer may, with
concurrence of a majority of the council, employ necessary personnel
to conduct the business of the council.
Section 4. Funding.
The operations of the Housing Market Council will be funded
by an initial contribution from the Alaska State Building Authority
general funds previously pledged for payment to the State of
Alaska. Similar contributions to the council will be made by
the Alaska Industrial Development Authority, the Alaska Housing
Finance Corporation, and the Alaska Permanent Fund, as members
of the council and subscribers to its services.
Section 5. Annual Report.
The Housing Market Council shall submit an annual report to
me and the legislature on the condition of the housing market
in Alaska and on pertinent policy options available to the State
of Alaska by January 1, 1988, and annually thereafter. The council
is subject to an annual independent audit.
Section 6. Duration.
The Housing Market Council shall cease to exist no later than
three years from the date of this order, unless it is extended
by subsequent administrative order or legislation.
This order takes effect immediately.
DATED at Juneau, Alaska March 12, 1987.
Governor of the State of Alaska