The Nechako-Kitamaat Development Fund Society Board of Directors has approved funding for projects in Vanderhoof and Burns Lake, bringing the total approved amount for this fiscal year to $254,342.
The successful approvals are:
NKDF Society Chair Bob Clark said, “The Nechako Kitamaat Development Fund Society is pleased to support a diverse array of projects throughout the investment area. We recognize the importance of building and maintaining strong communities.”
“These are great projects that build the community and improve the quality of life for the people who live here,” says Nechako Lake MLA John Rustad. “Thanks to the NKFD for all the work they do.”
“I commend the directors of the board of the NKDF Society for their hard work and dedication to ensure that important community projects such as these receive the necessary assistance to move forward” said Rio Tinto Alcan Manager of Corporate Affairs & Community Relations, Colleen Nyce.
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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