Coastal Villages Region Fund Launches Spring 2017 People Propel® Equipment Subsidy Program
Coastal Villages Region Fund
ANCHORAGE, AK – 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 memb