CARES Act Funding

Through a collaborative Chugach Regional Response Group that includes village corporations, non-profits and other key stakeholders in the region, Chugach has been evaluating how to disburse its allocation of Coronavirus Aid, Relief, and Economic Security (CARES) Act funds to benefit Chugach shareholders and communities that have experienced economic and financial losses due to COVID-19.

Chugach has established five grant programs to distribute COVID-19 relief funds to: shareholders; shareholder-owned small businesses; Chugach region entities and tribes; Chugach region school districts; and statewide non-profits providing services to Alaska Natives, including those from the Chugach region.

Shareholder Grant Relief Programs

Chugach is offering financial assistance directly to Chugach shareholders and Chugach shareholder small business owners who have experienced financial hardships or incurred expenses due to COVID-19.

Through the Shareholder COVID-19 Grant Relief Program, Chugach shareholders over the age of 18 can apply for $1,800 for themselves and $500 for each eligible dependent under the age of 18. Chugach shareholders whose small businesses have been impacted by COVID-19 can also apply for relief funding through the Shareholder Small Business COVID-19 Grant Relief Program.

Shareholders applying for the CRF programs online will be prompted to first establish a Submittable account (Submittable is the vendor that Chugach has contracted to handle the online application process). To establish a Submittable account, shareholders will only need a current and active email address. Shareholders will be asked to make a Submittable password, and a verification email will then be sent to the shareholder’s email. If shareholders have established a Submittable account in the past, they can click the ‘forgot password’ link to reset their Submittable password; they will, however, have to use the last email on file with Submittable to reset a password.

CRF grants can be received in a timelier manner through direct deposit. To receive direct deposits from Chugach, shareholders need to fill out an Electronic Funds Transfer (EFT) Transmittal Form. Click here to go to the documents section of the Chugach Portal and then click Dividend Direct Deposits to download the form. Fill out the form, and mail it back or fax it to the contact information provided within the form.

Read on for application instructions and FAQs, or reach out to COVID19Relief@chugach.com with questions.

Apply Now

How To Apply for Shareholder Grant Relief Funds

Step 1

Fill out an application for the program(s) you're eligible for

Click the link below OR download an application to apply by mail or email. All applications are due Oct. 31 at 11:59 p.m. AKDT.

Apply Online
Step 2

Chugach reviews application material

Applications are initially reviewed for accuracy by a Grant Application Processor, and then by a more comprehensive review committee for award determination.

Step 3

Chugach notifies applicants of award status

Applicants will typically be notified of their award status and amount on or around two weeks after their application submission date. This date may change, depending on the volume of applications received.

Step 4

Awardees receive relief funds

Awards will be issued on or before Nov. 30, using the payment information/preferences on file with Chugach’s Shareholder Services Department.

Learn More About Chugach's Grant Programs

  • What is the Coronavirus Relief Fund (CRF)?

    On March 27, 2020 the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law by the President of the United States in response to the coronavirus (COVID-19) pandemic. The CARES Act established the Coronavirus Relief Fund (CRF) through the U.S. Department of Treasury that provides $150 billion in direct assistance for states, tribal governments, units of local governments, D.C. and U.S. territories. This assistance is to help pay for unanticipated expenses related to the COVID-19 public health emergency.

  • How much of the direct assistance went to Tribal governments and why did it take so long?

    Of the $150 billion in direct assistance, tribes are eligible to receive $8 billion in set-aside funding for tribal governments. After a lengthy delay due to litigation, on June 25, 2021, the U.S. Supreme Court ruled that Alaska Native Corporations are eligible to receive a portion of the tribal government CRF set-aside. Each CRF recipient has the flexibility of how and when to use their funds to meet immediate needs but must follow and adhere to federal guidance and requirements. On Aug. 9, Chugach received its allocation of CARES Act funding, which will be used to offset unanticipated necessary COVID-19 related expenses for Chugach operations, shareholders and the Chugach region that were incurred between March 1, 2020 and Dec. 31, 2021.

  • Why are Alaska Native corporations included in the CARES Act for Tribal Relief Funding?

    Alaska Native regional and village corporations are “tribes” under the CARES Act and are therefore eligible for funding. Treasury has determined that Alaska Native regional and village corporations as defined in or established pursuant to the Alaska Native Claims Settlement Act are eligible to receive payments from the Fund in the amounts to be determined by the Secretary of the Treasury.

    For more information on ANCs’ eligibility under the CARES Act click here.

  • How was the Tribal Relief Funding determined?

    Payment amounts to Tribal governments from the Coronavirus Relief Fund are determined by the Secretary of the Treasury in consultation with the Secretary of the Interior and Indian Tribes.

    For more information on the consultation process and allocation determination, click here.

  • What is the Shareholder COVID-19 Grant Relief Program?

    Through the CARES Act and the Coronavirus Relief Fund, Chugach is able to offer direct relief assistance to shareholders and eligible dependents who have experienced financial hardships or incurred expenses due to the COVID-19 public health emergency.

  • How and when can the CARES Act funds be used?

    Subsection 601(d) of the Social Security Act, as added by section 5001 of the CARES Act, states that the funds can cover only those costs of the State, Tribal government or unit of local government that:

    1. Are necessary expenditures incurred due to the public health emergency with respect to COVID-19;
    2. Were not accounted for in the budget most recently approved as of March 27, 2020 (the date of enactment of the CARES Act) for the State or government; and
    3. Were incurred during the period that begins on March 1, 2020 and ends on Dec. 31, 2021.

    Funds may not be used for a special shareholder dividend, corporate bonuses or to offset lost revenue. Chugach is also  subject to reporting and auditing requirements by Treasury to assess how funds are used and assure compliance with the CARES Act.

    Funds received must cover costs that were incurred by Dec. 31, 2021. All unspent funds must be returned to the Department of the Treasury.

  • How are the COVID-19 Grant Relief Programs funded?

    Funding recipients have the discretion to determine the assistance programs they establish in response to COVID-19. However, these programs must be structured to ensure that assistance is determined to be necessary in response to COVID-19 and otherwise satisfies the requirements of the CARES Act and other applicable law.

  • Who is eligible for the Shareholder COVID-19 Grant Relief Program?

    Chugach Alaska Corporation shareholders over the age of 18 that have experienced loss of income, incurred expenses responding to, and/or suffered other financial hardship resulting from the COVID-19 public health emergency from March 1, 2020 through the application deadline of Oct. 31, 2021.

     

     

  • What is the Shareholder COVID-19 Grant Relief Program amount?

    Eligible shareholders can receive an individual grant up to $1,800, and up to $500 for each eligible dependent.

  • Who is eligible for the Shareholder Small Business COVID-19 Grant Relief Program?

    This grant offers direct assistance to shareholders whose small businesses have been impacted by COVID-19.

    Eligibility Criteria:

    Shareholder-Owned Licensed Small businesses with an Employer Identification Number (EIN) – including C-corps, S-corps, Partnerships, LLCs, Nonprofits (501(c)3 501(c)6, and 501(c)19 organizations, sole proprietorships, and commercial fishermen – impacted by COVID-19 that meet the following criteria:

    • Business was licensed and established before March 1, 2020;
    • Business either:
      • Has 50 or fewer full-time or equivalent employees; or
      • If the business is commercial fishing, the Shareholder Commercial fishermen held and either (i) fished a Limited Entry Permit or Interim Use Permit issued by the Commercial Fisheries Entry Commissioner (CFEC) in 2020 or (ii) were not able to fish under that permit in 2020 due to COVID-19; and
    • Can certify that the amount requested:
      • Will be used for necessary expenditures incurred due to the public health emergency with respect to COVID-19, including reimbursing the business for necessary expenditures incurred due to the public health emergency with respect to COVID-19 prior to receipt of the grant;
      • Were or will be incurred during the period that begins on March 1, 2020 and ends on December 31, 2021; and
      • The financial hardship or COVID-19 related expense for which they are seeking assistance has not been accounted for or reimbursed by any other Alaska Native Corporation, tribal government, local or state government, or other CARES Act program, such as the Paycheck Protection Program or CARES Act grants from tribes or local governments.

    Eligible Business Expenses include:

    • Payroll costs and expenses;
    • Rent or mortgage payments for business facilities (unless otherwise waived by lessor/lender);
    • Utilities payments;
    • Purchases of personal protective equipment required by the business and/or remodeling, equipment, fixtures, and other changes to the business’s operations that were necessary due to COVID-19 and/or to respond to public health mandates or recommendations related to COVID-19;
    • The purchase of business-related equipment;
    • Expenses incurred to replenish inventory or other necessary re-opening expenses; and
    • Lost revenue due to the COVID-19 public health emergency, including reduced revenue due to a reduction in customers even in the absence of stay-at-home order or other public mandate mandating closure of business.
    • Financial hardship or expenses caused by or related to COVID-19 that has not already been accounted for or reimbursed by any other Alaska Native Corporation, tribal government, local government, or other CARES Act program (such as the Paycheck Protection Program or CARES Act grants from tribes or local governments.

    Required Documentation:

    • Completed and Signed Application
    • Completed Vendor Questionnaire Form
    • Copy of Business License

     

  • Are small business grants subject to taxes?

    Grant program funding to support small businesses is not excluded from the business’ gross income under the Internal Revenue Code, and is therefore taxable.

    For more information on taxes and small business please visit the Internal Revenue Services here.

  • What is the Shareholder Small Business COVID-19 Grant amount?

    Individual grants will be distributed evenly amongst the number of applicants approved. Thus, individual grant amounts will be determined once the application period closes and applications are reviewed.

  • How did Chugach Alaska Corporation decide how to allocate the funding?

    Over the past several weeks, through a collaborative Chugach Regional Response Group that includes the village corporations, non-profits and other key stakeholders in the region, Chugach has been evaluating how to disburse the funds to benefit Chugach shareholders and communities that have experienced economic and financial losses due to COVID-19.

    On Sept.  8, 2021 Chugach’s Board approved Resolution 21-19 funding two shareholder COVID-19 grant relief programs, two COVID-19 grant relief programs for Chugach region affiliates and entities, and one COVID-19 grant relief program for statewide Alaska Native non-profits organizations (shown below). To track and administer the funding, Chugach is using Submittable, a social impact platform for grant management. Submittable will allow shareholders to complete and track application status online, and allow Chugach to track the use of Coronavirus Relief Funds.

  • I submitted my application. When will I hear back?

    Applicants will be notified typically within two weeks of application submission; although, it may take longer depending on the volume of applications received.

    Awards will be issued on or before Nov. 30, using the payment information/preferences on file with Chugach’s Shareholder Services Department.

  • Who can I contact with questions?

    For more information about our grant programs or application process, feel free to reach out to COVID19Relief@chugach.com.

  • Do I have to be enrolled in a federally recognized tribe in order to apply?

    No.

  • Can I apply if I live outside of Alaska?

    Yes, the Shareholder COVID-19 Grant Relief Program is available to all shareholders who meet the eligibility criteria.

  • I am a non-Native shareholder who inherited non-voting stock. Am I eligible to apply?

    Yes, the Shareholder COVID-19 Grant Relief Program is available to all shareholders who meet the eligibility criteria.

  • How will I receive the funding?

    The payment of Coronavirus Relief Funds will be paid in accordance with the information and preferences you have on file with Chugach’s Shareholder Services Department. Any updates to addresses or banking information should be made through Shareholder Services.