With the approval of an extra $330,000 in spending at its March meeting, the Coastal Villages Region Fund (CVRF) Board of Directors finalized its annual community benefits budget with over $18 million in projects set for 2019.
Chrystie Salesky has joined the Sitnasuak Native Corporation Shareholder Department as the Shareholder Relations Officer.
Many people only associate Native corporations with resource extraction projects and investments; however, most have far more diversified investment portfolios, with many teaming up with local businesses.
The 13th Inuit Circumpolar Council General Assembly took place in Utqiaġvik in July. During that assembly, Arctic Slope Regional Corporation CEO Rex Rock Sr. voiced his support for oil and gas development in the Arctic.
In recent years, Alaska’s Native village corporations have been making big economic waves in the state.
“To date, only minimal drafts, and in most cases just outlines, of these plans have been provided, and/or the development of the plans have been deferred to a later date,” FERC said, referring to its past requests of AGDC for proposed mitigation plans for wildlife avoidance, marine mammal monitoring, vegetation and soils restoration, groundwater monitoring, and invasive plants.