The reinvestment effort in Mountain View has been spearheaded by two organizations: Cook Inlet Housing Authority (CIHA) and the Anchorage Community Land Trust (ACLT). From 2004 through 2010, CIHA built 218 new, well-designed single-family, duplex and multi-family homes, including two mixed-use buildings for a diversity of family sizes and incomes to replace 128 blighted structures, resulting in a $75 million investment in Mountain View. The program is a series of scattered site residential units targeted toward low and moderate-income households.
ACLT’s strategy is to improve commercial opportunities in Mountain View. To achieve this goal, ACLT has pioneered a facade improvement program in an effort to help change the perception of Mountain View and thereby attract business. In addition to the facade improvement program, ACLT has renovated multiple blighted properties located along the commercial corridor, established the Gardens at Bragaw, and partnered with Credit Union 1 to help establish the first neighborhood financial institution in Mountain View in the last 20 years.