Coastal Villages Region Fund is launching the Spring 2017 period of its flagship People Propel® program. The program was created in 2013 to help residents of CVRF’s 20 member communities purchase equipment critical to daily life Western Alaska. Since its inception, the program has assisted 1,300 people purchase over $13 million worth of equipment such as boats, motors, ATVs, snowmachines, and stoves.
CVRF’s budget for the Spring 2017 People Propel® program is $750,000. As in previous years, CVRF will also be offering a fall period timed to coincide with permanent fund dividend season, with another $750,000 made available to help subsidize the purchase of critical equipment.
The Spring 2017 People Propel® budget will be allocated to each community based on population, so that the program is distributed fairly and equitably for all of CVRF’s residents.
This program is intended for verified residents of CVRF member communities. Interested individuals are encouraged to fill out applications starting the week of May 1, 2017 at workfishhope.coastalvillages.org. Qualified participants will be eligible for a subsidy to cover up to 30% of their equipment purchase. The program is operated on a first come, first served basis. Applications will be taken until $750,000 worth of subsidies are approved, so early applications are encouraged.
Details regarding the Fall 2017 People Propel® program can be found in the People Propel® catalogue that was mailed to all box holders in CVRF member communities on May 1, 2017. An electronic copy of the catalogue can be found here.
CVRF is a 501(c)(4) Alaska non-profit corporation whose 20 member villages are along the west coast of Alaska from Scammon Bay to Platinum. CVRF is believed to be the largest Alaskan-owned seafood company in history and is governed by a 20-member Board of Directors elected by the residents of its 20 member communities. CVRF is dedicated to providing economic development in its 20 member communities by creating sensible, tangible and long-term opportunities that generate Hope for residents who want to Fish and Work. CVRF is the largest jobs provider in its member villages and is the first CDQ group to own and control the vessels that harvest its CDQ allocations. For more information, visit www.CoastalVillages.org.