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0:28

Michael Calhoon

58:34 - 59:03

“the cost of this obviously is going to be baked into the cost of the lots, which, you know, in the end product, the homeowner ends up paying for in their mortgage or whatever it is that they're doing. But this is not a brand new thing.”
Community
Alaska News
Location
Seward
Captured at
October 12, 2026

From the transcript

Sometimes they're not. And so, the cost of this obviously is going to be baked into the cost of the lots, which, you know, in the end product, the homeowner ends up paying for in their mortgage or whatever it is that they're doing. But this is not a brand new thing. This is, you know, we've looked at the DRP program and we've given developers a whole lot more than $400,000, but never free. We—.

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