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Alaska’s Friends and Family Plan

Point Bluff’s ownership includes former Stevens aide Trevor McCabe and Yardarm Knot Fisheries LLC executive Alan Chaffee. McCabe currently is under federal investigation along with Stevens’ son, Ben, as part of a broad corruption probe in the state.

McCabe and his wife also own a separate parcel in south-central Mat-Su, 3.7 undeveloped acres purchased in September 2002. The value of that property went from $37,800 in 2005 to $62,400 in 2006, according to the property assessment.

Correction: Nov. 20, 2007

The article incorrectly identified the Knik Arm. It is a body of water in the northeastern portion of the Cook Inlet. The Knik Arm references in the two stories were intended to refer to undeveloped land in south-central Matanuska-Susitna Borough.

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