Anchorage Assembly to hear proposed tax incentives for mixed-use multifamily housing

The Anchorage Assembly is scheduled to hear public testimony Aug. 4 on AO 2026-93, a proposed ordinance that would establish a new section of municipal code addressing tax incentives for mixed-use, multi-unit housing.

The public hearing is set to begin at 6:30 p.m. in the Assembly Chambers at the Z.J. Loussac Library, 3600 Denali St. The Assembly’s public notice identifies the proposal as legislation to enact Anchorage Municipal Code Chapter 12.100.

Proposal remains before the Assembly

AO 2026-93 is at the public-hearing stage, not final adoption. The available notice schedules testimony on the measure but does not report a final Assembly vote, enactment or implementation.

The stated subject of the proposed chapter is tax incentives for mixed-use, multi-unit housing. The notice does not specify the size or duration of any incentives, which projects or taxpayers could qualify, or other eligibility criteria. Those details therefore cannot be determined from the materials reviewed.

Because the ordinance remains proposed, the hearing is an opportunity for the Assembly to receive public input before taking any subsequent action supported by the legislative process. The notice does not provide a vote total or a final-action date.

Ways to submit testimony

Members of the public may submit testimony in person at the hearing, in writing or by phone, according to the municipal notice. The hearing’s scheduled location is the Z.J. Loussac Library Assembly Chambers in Anchorage.

The Assembly previously held a July 17 worksession concerning housing tax incentives that included AO 2026-93 and AO 2026-89. Municipal meeting materials for that worksession included proposed ordinance documents and a housing-worksession presentation.

That worksession was distinct from the scheduled public hearing. The source materials identify the Aug. 4 proceeding as the point at which public testimony will be received on AO 2026-93.

What the measure would do

If adopted, AO 2026-93 would enact Chapter 12.100 of the Anchorage Municipal Code. The proposal would give the Assembly a municipal-code framework concerning tax incentives for mixed-use, multi-unit housing.

The available public notice does not establish that the proposal has been approved, does not describe it as a tax cut, and does not provide a projected number of housing units. Any effects on development, city revenue or individual projects would depend on provisions not stated in the reviewed notice and on whether the Assembly ultimately adopts the ordinance.