6-10-20 Is Alaska’s Government Acting In Good Faith?

From the Allliance: "Open for Business? AKDOT takes $49m in CARES relief funds –threatens struggling AK companies with 10.5% interest penalty." The Situation: The Department of Transportation & Public Facilities took money intended to be used for “relief” and responded by threatening a 10.5% interest penalty on late payments from struggling Alaska businesses ⁠–on top of already onerous lease increases. 18 months prior to the current public health emergency, Alaska companies asked the administration and DOT&PF to review the steep, and in our review some cases unlawful, rental increases implemented by the Walker administration [...]