September 3, 2021
On June 25, 2021 the Supreme Court of the United States confirmed in the case Yelen v. Confederated Tribes of the Chehalis Reservation that Alaska Native Corporations (ANCs) are eligible for payments from the Coronavirus Relief Fund (CRF).
FWI recently received our allocation of $188,152 from the Department of the Treasury. With new variants of COVID-19 increasing illness across Alaska and the country, these funds come at a critical time. Working under the federal guidelines, we are allocating $100,000 to be made available to eligible shareholders to help get these funds to where we believe they will help the most.
The federal government has strict guidelines regarding the use of the funding, including restricting FWI from simply paying a special distribution to Shareholders. To apply for CRF assistance please fill out the CRF Shareholder Assistance Program Application. It is important to tell FWI on your application how you have been financially impacted by the pandemic and for what pandemic-related purpose you will use the funds.
In an effort to help make these funds available as soon as possible we’ve also included a Direct Deposit Authorization Form for you to fill out and return to us if you’d like assistance funds directly deposited into your account. For additional information and full guidance from the Department of the Treasury about how the funds may be used please click here.
Deadline to receive applications is November 1, 2021.