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Bulk Fuel Revolving Loan Program

The Division of Community & Regional Affairs (DCRA) administers the bulk fuel loan program to assist communities, utilities, and fuel retailers with purchases of bulk fuel to generate power or supply the public with fuel for use in rural communities. Effective January 1, 2013, this program replaced bulk fuel loan programs previously administered by the Alaska Energy Authority (AEA) and DCRA. Loan applications are accepted year round; there is no deadline for applying for a bulk fuel loan. There are no fees to apply for a fuel loan from the program. Click on the button below to download the Bulk Fuel Loan Program application.

Feb 1 Notice Of Proposed Changes Of The Bulk Fuel Revolving Loan Fund In The Regulations Of The Department Of Commerce. Community. And Economic Development

Bulk Fuel Loan Program Application

BFRLP Regulations Adopted March 2013

Bulk Fuel Revolving Loan Fund Statutes

Loan Purposes

Loans may be made to assist communities in purchasing bulk fuel oil or gasoline including the shipping costs of the fuel to the community.


Loans may be made to a municipality or unincorporated village with a population under 2,000, or a private individual or company retailing fuel or electricity in such a community. Determination of eligibility will be evaluated on an individual basis by the State of Alaska Department of Commerce, Community, and Economic Development (DCCED), Division of Community and Regional Affairs (DCRA). The Division shall make loans from the Bulk Fuel Revolving Loan Fund as either bulk fuel loans or bulk fuel bridge loans as provided in AS 42.45.250-42.45.299.

Interest Rate

Interest shall be charged on a bulk fuel loan or bulk fuel bridge loan at a base rate of four percent except as provided by AS 42.45.280(b) and (c);

  1. First time borrowers of a bulk fuel bridge loan shall be charged zero percent; second and subsequent bridge loans shall be charged at the base rate of four percent.
  2. For recipients of bulk fuel loans, interest rates will be determined by the Division based on the borrowers repayment history and other criteria. The interest may be reduced by one percent for borrowers with at least one previous bulk fuel loan or two percent for a borrower with two or more previous bulk fuel loans made by the Division. There are no other fees to apply or receive a fuel loan from the program.

Loan Terms

Loans are payable in nine equal monthly payments and must be repaid during that term unless an alternate payment schedule has been approved by the DCRA. Shorter terms may be required in special circumstances as determined by the DCRA. All loans must be paid within one year from date of disbursement. The amount of the loan, added to the amounts of all other bulk fuel revolving loan principle balances to the same borrower may not exceed $750,000. A cooperative organization representing more than one community may qualify for a maximum loan amount not to exceed $1.8 million.


Borrowers agree to secure bulk fuel revolving loans with fuel revenues and other legally available monies. Applicants are required to secure loans by submitting the borrower resolution included in the application packet. The resolution must be adopted by the governing body of the borrowing entity. The bulk fuel loan program may require the assignment of payments from the State of Alaska for funds provided by Community Revenue Sharing, Payment in Lieu of Taxes (PILT), Power Cost Equalization (PCE), or other programs to the Bulk Fuel Revolving Loan Program.

Submit all loan applications to:

Division of Community and Regional Affairs
Bulk Fuel Revolving Loan Program
550 W. 7th Ave., Suite 1650
Anchorage, Alaska 99501
Telephone Number: (907) 269-4614 or 269-4564
Fax to: 907-269-4539

For more information please contact

Jed Cox
Division of Community and Regional Affairs
Department of Commerce, Community, and Economic Development
Phone: 907-269-4614