Calsita and most regional Native corporations are also responding with distinctly corporate help: They’re sending early distributions of cash to their shareholders.
Alaska Native Corporations
Injunction holds up $8B CARES Act Tribal allocation for Alaska Native corporations
A statement from the Department of Treasury says amounts calculated for Alaska Native regional and village corporations under the Alaska Native Claims Settlement Act will be held back while a lawsuit is decided.
House Dems launch ethics investigation of Tara Sweeney’s support for CARES Act money for Alaska Native Corporations
Tribal leaders have alleged that Sweeney is trying to give an advantage to Alaska Native Corporations.
Federal judge temporarily blocks aid to Alaska Native corporations
And Sen. Dan Sullivan said the corporations have missions mandated by the federal government beyond those of other corporations.
Sullivan defends CARES Act funding for Alaska Native corporations
The for-profit corporations are eligible for a share of the $8 billion in funding set aside for Native American tribes. That’s led to some heated rhetoric in the Lower 48 and on Capitol Hill.
Three Alaska tribes have joined lawsuit against the Treasury over $8B in Tribal funding
The lawsuit seeks to prevent Alaska Native corporations from taking part in the $8 billion coronavirus relief fund – specifically allocated for Tribes.