News Release
2024-08-21
Launch of modernized Nunavut Homeownership Assistance Program (NHAP)
Iqaluit, Nunavut (August 21, 2024) – Today, Minister responsible for the Nunavut Housing Corporation (NHC) Lorne Kusugak announced the launch of the modernized Nunavut Homeownership Assistance Program (NHAP).
“Transitioning into homeownership is a challenge for any individual or family, but particularly for Nunavummiut, where housing options are minimal and costs are steep,” said Minister Kusugak. “By empowering residents to take an active role in building and maintaining their homes, this program aims to increase skills while increasing the number of new homes owned by Nunavummiut.”
The NHAP will provide successful applicants with a $250,000 loan, forgivable over 10 years, towards the purchase and shipping of an NHC-approved building material package. The program will also include homeownership education as well as project management and supervision throughout the construction process.
Applications will be accepted until October 18, 2024.
To download an application form or for more information, visit the NHC website or email homeownership@nunavuthousing.ca.