The Nunavut Housing Corporation (NHC) has announced a new initiative that will assist community organizations in accessing capital funding to help with construction of transitional housing units, shelters, homes for Elders and other supportive housing units.
NHC Minister Lorne Kusuguk says the newly-approved Supported Housing Capital Program will deliver “on the promise to supply more housing choices to those who need specialized support to live independently. 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 is offering eligible projects up to $150,000 per housing unit through a forgivable loan with a minimum 10-year term. Eligible projects will be able to access $100,000 per single-room occupancy unit or bed and/or $150,000 per self-contained unit.
Community organizations may also be able to 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 looking for innovative ways to create conditions for sustainable supported housing to be developed, operated and maintained. Interested community organizations are asked to contact NHC with their ideas at SHCapital@nunavuthousing.ca
