News Release
2024-11-08
New capital funding program approved to help community organizations build supported housing units in Nunavut
Iqaluit, Nunavut (November 8, 2024) - Community organizations will soon be able to access capital funding to help with the construction of transitional housing units, shelters, homes for Elders and other supportive housing units through the newly approved Supported Housing Capital Program at Nunavut Housing Corporation (NHC).
“We are delivering on the promise to supply more housing choices to those who need specialized support to live independently,” said The Honourable Lorne Kusugak, Minister responsible for the Nunavut Housing Corporation (NHC). “New supported housing units will be occupied by Elders, women, children, people with disabilities, those experiencing homelessness and other marginalized communities.”
The Supported Housing Capital Program offers eligible projects up to $150,000 per housing unit through a forgivable loan with a minimum ten-year term. Eligible projects can access:
- $100,000 per Single Room Occupancy (SRO) unit or bed; and/or
- $150,000 per self-contained unit.
Community organizations can also receive financial support to prepare their supported housing project plans through the Nunalingni Piruqpaalirut Fund (NP Growth Fund) available through the Community Housing Transformation Centre (CHTC).
“The new Supported Housing Capital Program aligns nicely to our partnership with the Community Housing Transformation Centre,” said NHC Vice President of Operations, Jimmy Main. “Community organizations can apply to the NP Growth Fund at the CHTC to prepare their supported housing project plans for funding applications to NHC and other public sector housing funders.”
NHC and its GN partners in the Supported Housing Working Group, including the GN departments of Family Services, Health and Justice, are seeking new ways to create the conditions for sustainable supported housing to be developed, operated and maintained. Interested community organizations are invited to contact NHC with their ideas at SHCapital@nunavuthousing.ca
The new program is part of Igluliuqatigiingniq or Nunavut 3000, an initiative that calls for Nunavummiut to work together to add 3000 new housing units to the territory by 2030. More information is available on the NHC website.