Coastal Villages Announces Over $975,000 in People Propel® Benefits
ANCHORAGE, AK – Coastal Villages Region Fund (CVRF) will hold the eighth round of its People Propel® Program this fall. Since its launch in 2013, the program has helped over 1,500 residents of Western Alaska acquire newer, safer, and more efficient boats, motors, snow machines, ATVs, and other gear, totaling more than $15 million worth of equipment. Back by popular demand, the application period for Round 8 of the program begins on October 30th.
Since inception, the program has delivered efficient and equitable benefits to CVRF’s member communities while stimulating regional economic activity. Coastal Village’s People Propel® program offers products at a more affordable cost (30 percent discount off retail), including snow machines, safety gear, ATVs, boats, outboards, and household appliances to residents of its 20 member communities.
Florence Kargi, CVRF’s Program Coordinator, said, “As a former resident of Hooper Bay, it is very fulfilling to see the money CVRF earns from the Bering Sea coming back to coastal communities. I would take advantage of this program if I were still living in-region, and I encourage young families and individuals who may not otherwise be able to afford the high cost of much-needed equipment for living a rural lifestyle to apply. Coastal Villages has been working with manufacturers and dealerships to ensure that residents maximize the full potential of PFD specials and discounts, on top of the 30% subsidy provided by People Propel®!”
CVRF mailed catalogs to all communities so residents may plan for their purchases before October 30, the first date that applications will be accepted online. Applications are accepted on a first come-first serve basis to verified in-region residents.
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 first CDQ group to own and control the vessels that harvest its CDQ allocations.