At the September 10, 2013 meeting of the Nechako-Kitamaat Development Fund Society Board in Kitamaat Village, the Board of Directors approved funding for eleven projects across the NKDF investment area. Of these eleven projects five were approved within the community Vanderhoof.
The five (5) newly approved projects for the Vanderhoof area are:
NKDF Chair Wayne Salewski said, “NKDF is pleased to support projects from this diverse group of applicants that continue to lead our communities in providing the quality of life we have grown to expect.”
“The Nechako-Kitamaat Development Fund has been providing financial assistance for great projects in our communities for many years, and I’m very happy to see the District of Vanderhoof, the Saik’uz First Nation, and the Nechako Valley Exhibition Society benefitting from these investments.” Said John Rustad, MLA for Nechako Lakes
Colleen Nyce, Rio Tinto Alcan Manager Corporate Affairs & Community Relations said, “As we visit the Nechako region communities, it is great to see the development and upgrades taking place that are made possible, in part, with funding from the Nechako Kitamaat Development Fund.”
For more information on the five other projects funded throughout Burns Lake and Kitamaat please visit http://www.nkdf.org/ for the latest news releases.
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 Ootsa, Lakes, 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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