In an attempt to explain the FBI probe to former U.S. Attorney Wev Shea, Stevens states that he and his wife personally paid over $130,000 in renovations to his Girdwood home.

The only problem is that $130,000 wouldn't begin to cover the cost of the home improvements.
From the ADN: If $130,000 is an accurate total, it would raise questions about how such a major renovation could have been accomplished within such a tight budget. The carpentry contractor alone said he was paid more than $100,000 by Stevens. Another contractor, who raised up the house to make room for the new first floor and built part of the foundation, said he too was paid by Stevens, though he didn't recall the amount. The earth-moving contractor who prepared the ground for the job also said he was paid by Stevens.
That would leave little if any left over for a range of other work that was done, everything from design to plumbing and electric to a new roof. As recently as this week, Stevens declined to answer questions about how the project was billed and financed.
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