NDN Fund’s Loan Leads To #LANDBACK In Alaska
Rapid City, SD – NDN Fund, the impact investing arm of NDN Collective, today announced the closing of a loan with Qizhjeh Vena – an Alaska Native Women-led 501(c)(3) non-profit organization working in the Bristol Bay area.
The $750,000 loan from NDN Fund will allow Qizhjeh Vena to purchase Koksetna Wilderness Lodge and surrounding land on Lake Clark, located at the outlet of the Chulitna River in Chulitna Bay. The lodge will serve as a cultural preservation and revitalization center, and act as the gateway to a sanctuary for wildlife, and interrelated habitats. This historically important land and retreat center is located 120 air miles southwest of Anchorage, within the Lake Clark National Park that protects the headwaters of the Bristol Bay home to the world’s largest sockeye salmon runs.