In western Alaska, the Coastal Villages Region Fund, a regional fisheries organization, is looking to address the area’s housing shortage by building tiny homes. A 320-square-foot, energy-efficient model, outfitted with a bedroom, bathroom, and common area, was built in the village of Eek to test whether it could help the housing crisis. U.S. News & World Report has more details on the story below.

The Coastal Villages Region Fund is the offshore fisheries community development quota holder for 20 communities in the Yukon-Kuskokwim Delta region. In a survey earlier this year, the organization asked area residents about their biggest challenges. Nearly a third of people surveyed said housing.

The Yukon-Kuskokwim Delta area needs about 3,000 new homes, but fewer than 30 are built each year, according to housing assessment by the state Housing Finance Corporation. Most of the area's new homebuilding is funded by federal funding through the regional housing authority.

A federally funded home typically costs about $200 per month for the homeowner, according to organization's research. The organization looked into what mortgages individual homebuyers could afford if they also qualified for federal funds and grants from the organization.

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