The Sitnasuak Native Corporation Board of Directors has approved CARES Act funds to be directed to shareholders affected by the COVID-19 pandemic. SNC received $5.96 million in CARES Act funds and 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 $2,500.00. The program is subject to the requirements of the CARES Act and all other applicable laws and guidance from the United States Department of Treasury.
More information regarding the timing and the application period will be forthcoming. We encourage shareholders to enroll in the MySNC shareholder portal which will be the most efficient method to submit an application 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 My SNC portal.