$197.3 Million Available to CDQ Groups in Western Alaska as Long-term Loans
Alaska’s six Community Development Quota (CDQ) groups now have nearly $200 million available to them in the form of 30-year loans through the NOAA Fisheries Finance Program (FFP). The six CDQ groups represent more than 65 Alaska communities from Norton Sound in the north to the Pribilof Islands and Aleutian Chain in the south.
The financing can be used for buying all or part of ownership interests in fishing or processing vessels, shoreside fish processing facilities, permits, quota, and cooperative rights ...
Photo Courtesy NMFS
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