Watershed residents can save tens of thousands of dollars on the cost of commercial fishing permits through BBEDC’s Permit Loan Program. To retain and return limited entry permits to the region, BBEDC enhances residents’ ability to purchase and successfully operate a limited entry salmon permitted operation through a program to provide a menu of financial and technical services including financial guarantee, down payment grant, interest assistance, principal reduction assistance, technical assistance and/or training to successful applicants. Participants are selected through and evaluative process.
Eligibility is open to residents of Aleknagik, Clarks Point, Dillingham, Egegik, Ekuk, Ekwok, Igiugig, Iliamna, King Salmon, Kokhanok, Koliganek, Levelock, Manokotak, Naknek, Newhalen, New Stuyahok, Nondalton, Pedro Bay, Pilot Point, Port Alsworth, Port Heiden, Portage Creek, South Naknek, Togiak, Twin Hills, and Ugashik.
For more information, contact Alice Ruby, Walter Reynolds or Massa Pat at 842-4370 or 1-800-478-4370.