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Econ 919 — How the Kenai Peninsula Works
Fridays

Weekly economic report for the Kenai Peninsula from the KDLL News Team

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  • Kachemak Selo has been waiting on a new school for more than a decade, and in 2016 the school district received millions in DEED grant money to do that. On Tuesday, the Borough Assembly voted to transfer that grant to the state's Department of Commerce to remove match and design requirements.
  • Located just behind Arby’s in the heart of Kenai is Madly Krafty, a one-stop gift shop specializing in hand-crafted goods. Custom-made coffee cups, ornaments, woodworking and t-shirts are just some of what the new store has to offer.
  • The state of Alaska has seen a backlog in pending applications for the Supplemental Nutrition Assistance Program, more commonly known as SNAP. As a result, some Kenai Peninsula residents who rely on food assistance are leaning more on the Kenai Peninsula Food Bank.
  • Founded in 2013, the Alaska Rug Company uses recycled fishing line and rope to craft handwoven rugs, doormats, baskets and more. The small business recently relocated to the Kenai Peninsula.
  • Since it convened last Tuesday, the Alaska Legislature has considered an override of the governor’s 2023 education funding veto, and a bill containing a modest BSA increase. Kenai Peninsula residents weighed in on that bill, many saying the increase was not good enough to counter inflation and keep schools functioning.
  • In the winter months, trivia nights provide an opportunity for locals to socialize and meet new people. They also offer a fun brain challenge and can bring people out to new restaurants.
  • A quick internet search of nearby veterinary clinics finds there are very few options in the region, just a few offices in Kenai, Soldotna, Nikiski and Homer. Most of these clinics have only a handful of vets on staff.
  • January 1, 2024 marked the rollout of new regulations for Alaska's breweries and distilleries. Taprooms will now be able to stay open an hour later, host four live events a year and sell their products directly to consumers.
  • Craft fairs provide an opportunity for local artisans to showcase and sell their work during the holiday season. Among them is the Holiday Cheer Christmas Bazaar, held inside the old Kenai Mall.
  • The brainchild of a 12-year-old, AK Big Sipper specializes in serving air-fried comfort food and dirty sodas. The restaurant recently won a $4,000 business scholarship from the Soldotna Chamber of Commerce.