Covid Relief

TERMINATION OF KTC
COVID 19 – CARE ACT FINANCIAL ASSISTANCE PROGRAM

Kake Tribal Corporation’s CARE Act Financial Assistance program to eligible KTC shareholders and descendants ended on 17 December with the final distribution of remaining KTC Care Act funds.

KTC received a total of $268,682.26 of CARE Act Funds. Of the $268,682.26 program amount, approximately $10,000 was allocated for the administration cost of the program (Program administration and accounting to include printing, mailing, etc) leaving a total of $258,682.26 available for distribution. KTC conducted 2 rounds of CARE Act distributions with Round 1 and 2 payments of $355 and $250 respectively per qualified shareholder or descendant applicant on a first come, first served until depletion of funds basis.