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Yes, we have higher property values, but the equity is not spendable, and we have few affordable housing alternatives.

But there’s still much spendable money left over.

More than $12 billion was available or uncommitted in the fund’s spendable earnings reserve, according to the Alaska Permanent Fund Corp.

The conference committee also proposed moving $4 billion from permanent fund earnings, which are spendable, to the fund’s constitutionally protected principal.

Enhanced unemployment benefits that have proved key to replacing spendable income amid record setting unemployment are due to expire this month.