On September 16, 2021, The Sitnasuak Native Corporation (SNC) Board of Directors announced that they have approved CARES Act funds to be directed to Shareholders affected by the COVID-19 pandemic through the SNC CARES Act Direct Assistance Program. In August, SNC received $5.96 million in CARES Act funds and they will provide financial assistance to eligible SNC Shareholders who have incurred necessary expenditures from March 1, 2020 through December 31, 2021 due to the COVID-19 pandemic. All SNC Shareholders as of the record date of September 16, 2021 are eligible and encouraged to apply for up to $2,500. The program is subject to the requirements of the CARES Act and all other applicable laws and guidance from the United States Department of the Treasury.
Applications will go live in early October in the MySNC Shareholder portal. Shareholders can apply for the program funds through the MySNC Shareholder portal. If you are not enrolled yet, we encourage Shareholders to enroll in the MySNC Shareholder portal, which will be the most efficient method to apply and receive payment. Please ensure that your contact information, such as your email address, physical mailing address and cell phone number, are current in the MySNC portal. If you are unable to enroll in the MySNC portal, paper applications will be available to download or to pick up from the Nome or Anchorage SNC offices. Those registered through the MySNC portal will receive their funds faster via direct deposit.
SNC will continue to keep Shareholders informed of progress related to these relief funds through regular communication channels, including the MySNC portal and on the website at: www.snc.org/cares-act. If you have any questions, please email email@example.com.
The Sitnasuak Native Corporation Direct Assistance Program (the “Direct Assistance Program” or “DAP”) provides eligible Sitnasuak Native Corporation Shareholders with financial assistance (a “COVID Assistance Grant”) forthat have not already been reimbursed by any other CARES Act Relief Funds or other federally-funded COVID-19-related assistance programs.
Eligibility. Sitnasuak Native Corporation Shareholders are eligible to receive a COVID Assistance Grant if they incurred unreimbursed, unbudgeted and necessary expenses due to the COVID-19 pandemic from March 1, 2020 through December 31, 2021.
Financial Assistance. The COVID Assistance Grant will be in the form of reimbursement to the Eligible Applicant for unreimbursed, unbudgeted and necessary expenses due to the COVID-19 pandemic from March 1, 2020 through December 31, 2021. The amount of the COVID Assistance Grant will be provided based on the COVID-19 impacts attested within the application. Sitnasuak Native Corporation retains the sole discretion to determine the amount of any COVID Assistance Grant that will be provided to an Eligible Applicant, up to a maximum of $2,500.
Eligible Expenses. Any COVID Assistance Grant may only be used for eligible expenses, which were (or are) necessary due to the COVID-19 pandemic from March 1, 2020 through December 31, 2021 and are not being reimbursed (or have not already been reimbursed) by other COVID-19 response relief funds, such as unemployment, PPP, IRS-issued Economic Impact Payments, state or city COVID-19 relief funds, Tribal CARES Act funds or other Native Corporation CARES Act funds. The following is a general, non-exhaustive list of eligible necessary expenses:
Deadline to Submit Application. Applications may be submitted via the online application portal, emailed to firstname.lastname@example.org, mailed, or dropped off between the hours of 8:30 a.m. and 5:00 p.m. at the Sitnasuak Native Corporation offices in Anchorage and Nome. The office addresses are: 2700 Gambell Street, Suite 300, Anchorage, AK 99503 and (physical) 214 Front Street, 2nd Floor, Nome, AK 99762 or (mailing) PO Box 905, Nome, AK 99762. A completed and signed application must be received by 5:00 p.m. Alaska time on or before November 5, 2021. If the application is approved, the COVID Assistance Grant will be mailed via check or direct deposited per the mailing address and banking information located in the MySNC Portal.