Team running Golden Lion says first month of service has been ‘incredibly smooth’

📆 9/8/2023 6:37 PM
📰 AKNewsNow

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It’s been roughly a month since residential operations at the former Golden Lion Hotel began, allowing low-income tenants a chance to find affordable housing.

Across the state, rental prices jumped up 7 percent from 2023 for a two-bedroom apartment. This is the highest increase Alaska has seen since at least 2011, according to the latest reports from the Department of Labor and Workforce Development.

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