Anchorage's former Barratt Inn is the third hotel converted into low-income housing within the last year.
The Barratt Inn is currently being renovated, and is expected to open in September. The renovation of the former Barratt Inn in Spenard is the latest move in a public-private partnership between the city government and community leaders to stand up housing in an effort to address homelessness.
Jason Bockenstedt, executive director of Anchorage Affordable Housing and Land Trust, speaks at the Barratt Inn on Thursday. Bockenstedt said he expects residents to move in by September. He said the goal is to serve people who are low income or at poverty level. Monthly rent will range from $840 to $1,150 per unit, including utilities. Bockenstedt said the median price for a one-bedroom in Anchorage is roughly $1,300 a month, not including utilities.Many residents will likely use housing vouchers through social security, the VA and other avenues, he said.
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