- Listed: March 2, 2019 4:17 pm
- Expires: 11 days, 4 hours
The Local Fish Fund is an ongoing project of the Alaska Sustainable Fisheries Trust (a non-profit corporation based in Sitka) that helps overcome barriers to entry by providing the cash and administering the loans that young fishers need to acquire initial ownership of access rights. LFF seeks IFQ quota share sellers and buyers with a commitment to sustainable fisheries and thriving coastal fishing communities. Call 747-3400 or email email@example.com to find out more.
The Trust mission is to protect and support local fishing businesses, promote sustainable fishing practices, and revitalize fishing communities in Alaska – see www.thealaskatrust.org/
LFF aims to incentivize ocean conservation practices and strengthen fishery leadership through loan products that will support Alaska residents in purchasing quota and retaining fishery access opportunities. LFF extends loans with competitive interest rates to new entrants and community-based vessel owners seeking to finance quota share purchases. Borrowers must be willing to participate in fishery conservation programs as part of the loan requirements. LFF loans provide borrowers with reduced down payment options and a variable repayment structure that is based on the ex-vessel value of the catch.
To learn more about LFF loans – and for application materials – go to localfishfund.org
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- Member Since: September 2, 2010
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