May 8, 2020 — North Carolina’s seafood industry is marked to receive nearly $5.5 million in assistance to help offset losses related to the COVID-19 pandemic.
Commerce Secretary Wilbur Ross announced Thursday that $300 million in fisheries assistance funding would be provided under the Coronavirus Aid, Relief and Economic Security Act, or CARES Act, to states, tribes and territories for those in coastal and marine fisheries negatively affected by COVID–19.
“This relief package will support America’s fishermen and our seafood sector’s recovery,” Ross said in a statement.
The National Marine Fisheries Service, part of the National Oceanic and Atmospheric Administration, will use the allocations to award interstate marine fisheries commissions, Puerto Rico and the U.S. Virgin Islands to disburse the money, which is to address direct or indirect fishery-related losses as well as subsistence, cultural or ceremonial impacts related to COVID-19.
“We are going to rely primarily on our partners at the interstate marine fishery commissions during the award process because they have a demonstrated track record of disbursing funds provided to them quickly and effectively,” said Chris Oliver, assistant administrator for NOAA Fisheries.