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Economy

Stories about the local, state, or national economy.

Yvonne Jackson founded and owns Alaska Rural Professional Development.
Courtesy of Yvonne Jackson

A business owned and led by Alaska Native women is working to bring job skill training to rural Alaska, and it's succeeding.


U.S. Department of Treasury

The U.S Department of Treasury has changed its rules on how American Rescue Plan Act Funds will be distributed to tribes The changes open up a lot more funding for smaller tribes in Alaska and the lower 48.

  

Rachel Waldholz / Alaska Public Media

On July 13, Department of Energy Secretary Jennifer Granholm announced 13 tribal energy grants, about half of which are going to Alaska Native communities. 

Calista Corporation

On July 1, the Calista regional Native corporation added new leadership to its board of directors. Dora Moore will be replacing Joann Werning in Unit 2, which includes Alakanuk, Nunam Iqua, Bill Moore’s Slough, Hamilton, and Emmonak. Ron Hoffman of Bethel has been elected as an at-large member. 

Generators at the Bethel Power Plant in 2016.
Lenny Welch / AVEC

This year’s state budget, which went into effect July 1, does not include funding for the Power Cost Equalization program. Power Cost Equalization, or PCE, lowers the cost of electricity in rural Alaska to make it comparable to more urban areas like Anchorage, Fairbanks, and Juneau. Here’s what residents in rural Alaska can expect in their next utility bill.

Many of the men and women working construction in Mertarvik this summer are from Newtok or nearby villages. Keeping the crew local is one way the Newtok Village Council is saving money on home construction. A roof truss is placed on a home in Mertarvik,
Katie Basile / KYUK

Lumber prices have been soaring across the country as demand for wood during the pandemic outstripped supply. In the Yukon-Kuskokwim Delta, those high prices have been slowing down construction of new homes, exacerbating a severe shortage of housing in the region.

  

Angela Denning / KYUK

The first fuel barge of the season arrived in Bethel on Monday, June 7. Rick Meidel, vice president and general manager of Crowley Fuels, said that 300,000 gallons of heating fuel and 150,000 gallons of aviation fuel arrived Monday, with unleaded gasoline expected later in the week. 

Orutsararmiut Native Council

Bethel’s Orutsararmiut Native Council has received $17,297,078 in American Rescue Plan Act funding designated for tribes, according to ONC executive director Mark Springer. ONC plans to hold a digital member consultation on June 18 to hear from tribal members about how the organization should spend the funds.

Courtesy of GCI

Last week, the Federal Communications Commission announced a new program to assist households in paying their internet bills. The new emergency broadband relief package offers a $75 subsidy on internet bills to all who live on Tribal lands and qualify. 

Top executives at the Calista Regional Native Corporation are accusing each other of misconduct, and it’s not clear who’s telling the truth.
Calista Corporation.

For the second year in a row, the Calista Native Regional Corporation is holding its annual meeting online to avoid the risks of gathering physically during the COVID-19 pandemic. Calista held its first virtual annual meeting last year, and this year’s meeting will look similar.

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