By analyzing commercial revenue loss information to distribute available funding across eligible disasters, NOAA allocated funds to respond to the 2021 alaska chignik salmon fishery disaster

The National Oceanic and Atmospheric Administration (NOAA) awarded a $4,989,902 Project Grant under the Fisheries Disaster Relief program (CFDA 11.477) to the Pacific States Marine Fisheries Commission (PSMFC). The purpose of the grant is to analyze commercial revenue loss information and distribute available funding across eligible disasters, specifically responding to the 2021 Alaska Chignik salmon fishery disaster.

PSMFC will establish a spend plan in coordination with the State of Alaska to meet the unique needs of local fishermen and related businesses, in accordance with the Magnuson-Stevens Act, Interjurisdictional Fisheries Act, and NOAA Fisheries Disaster Policy. The grant will fund activities including research, fisheries restoration, and economic assistance to fishing communities affected by the fishery failure related to economic and environmental sustainability issues. The grant has an award date of January 1, 2025 and an ultimate completion date of August 31, 2028.

Taking on an administrative leadership role, pacific states marine fisheries commission would establish a spend plan, in coordination with the state, to meet the unique needs of local fishermen and related businesses in accordance with the magnuson-stevens act, the interjurisdictional fisheries act, and the NOAA fisheries disaster policy. With allocations, funds would specifically target activities, including research, that restore fisheries or prevent similar failures in the future, as well as assist fishing communities affected by failures related to the economic and environmental sustainability of fisheries.