The Nechako-Kitamaat Development Fund Society Board of Directors has approved funding for projects in Vanderhoof, Burns Lake, and Southside areas, bringing the total approved amount for this fiscal year to $428,384.
The successful approvals are:
NKDF Society Chair Bob Clark said, “The NKDF Society is honoured to be able to partner with the community members that work so hard to bring projects to fruition.”
"This funding is important to these groups and allows them to continue to provide services for the community," says Nechako Lakes MLA John Rustad. "Whether the funding goes towards improving safety, facility upgrades or recreation equipment, the people in the community are the ones that benefit."
“Congratulations to the recipients of this round of funding from the NKDFS”, said Colleen Nyce, Rio Tinto Alcan Manager of Corporate Affairs & Community Relations. “These are all great projects that will provide a terrific economic and social boost for the region”.
The Nechako-Kitamaat Development Fund Society was jointly established in 1997 with a combined contribution of $15 million by the government of British Columbia and the former Alcan Inc., now Rio Tinto Alcan. The Fund’s investment area includes lands impacted by the original Kemano project and focuses on those communities in the Nechako and Haisla regions of the north.
The Society encourages applications from local governments and legally incorporated non-profit organizations. NKDF invests in projects that create sustainable employment, diversify the economy, and improve the basic infrastructure needed for community stability, quality of life and growth.
The Government of B.C. and Alcan Inc. each contributed $7.5 million to establish the Northern Development Fund in 1999. The investment income generated from this fund supports the NKDF grants program. Each partner has one representative serving on the board of directors. The NKDF is part of the portfolio of the Minister of Jobs, Trade and Technology.
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