Recent News Stories

Two community housing projects have received funding to move on to a second phase of expansion. The developments in Soldotna and Homer have been made possible by grants from the Alaska Housing Finance Corporation.

State Representative Paul Seaton has introduced an amendment to the education funding measure making its way through the Alaska Statehouse. It would provide tax credits for non-profit programs that offer pre-K education options.

The state of Alaska leased nearly 150,000 acres to oil and gas developers in a sale Wednesday. The sale represents a continued interest in development in Cook Inlet that could focus on oil drilling in the coming years.

A man who Homer Police says is responsible for robbing the Grog Shop at gunpoint Sunday night has been caught. Police believe 50-year-old John Allen Mumey may have had a homemade bomb in his possession during the crime.

Since Buccaneer Energy arrived on the scene in Alaska in the summer of 2011, it has seen a few victories and a host of unexpected problems. Thanks to incentives  and investment of taxpayer dollars, the company had big plans for Alaska.

The Board of Directors for Buccaneer Energy has a new look again, just weeks after an attempt to overtake the board by two Singapore-based investment companies was only partially successful. In a press release, the company announced three of the six board members resigned.

At least one condominium owner has filed suit against the City of Homer for the way it has assessed condos as part of the Homer Special Assessment District. Ken Castner is part owner of the Kachemak Bay Title building and says his condo will be assessed six different times. 

Membership for the task force charged with finding new ways to manage salmon fisheries in Upper Cook Inlet has been released. The 11-member group includes several representatives from the Kenai Peninsula.

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