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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The corporation may authorize commercial use in a multi-unit residential housing development it owns or finances if
(1) the use is not prohibited under (b) of this section; and
(2) the total of all commercial uses does not occupy more than a percentage of the space in the multi-unit residential housing development that the corporation has determined is consistent with the corporation's goal of increasing available affordable housing.
(b) The corporation may not authorize the commercial use of space in a multi-unit residential housing development owned or financed by the corporation for
(1) a business that offers adult entertainment;
(2) the sale of alcoholic beverages, unless the sale is in premises
(A) licensed under a restaurant or eating place license issued by the Alcoholic Beverage Control Board under AS 04.09.210 or seasonal restaurant or eating place tourism license issued by the Alcoholic Beverage Control Board under AS 04.09.360; or
(B) covered by a restaurant endorsement issued by the Alcoholic Beverage Control Board under AS 04.09.450;
(3) substance abuse treatment; or
(4) a business that primarily sells, transfers, or stores cigarettes or tobacco-related products.
(c) This section does not require the corporation to authorize commercial use in a multi-unit residential housing development owned or financed by the corporation.
(d) In this section,
(1) “business that offers adult entertainment” has the meaning given in AS 23.10.350(f);
(2) “cigarette” has the meaning given in AS 18.74.290;
(3) “commercial use” includes a business or nonprofit activity conducted by a sole proprietorship, cooperative, corporation, firm, partnership, or other association of persons organized in any manner.
Cite this article: FindLaw.com - Alaska Statutes Title 18. Health, Safety, Housing, Human Rights, and Public Defender § 18.56.230. Commercial use in a multi-unit residential housing development owned or financed by the corporation; limitations - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-18-health-safety-housing-human-rights-and-public-defender/ak-st-sect-18-56-230/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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