National Housing Co-Investment Fund

To ensure existing rental housing is not lost to disrepair and to develop new, high-performing affordable housing integrated with supports and services, the federal government created a $15.9-billion federally managed National Housing Co-Investment Fund.

The Fund consists of nearly $4.7 billion in financial contributions and $11.2 billion in low interest loans.

The territorial government, through the Northwest Territories Housing Corporation (NWTHC) will be a primary partner in Co-Investment Fund projects with the federal agency, the Canada Mortgage and Housing Corporation (CMHC).  Together they will seek to attract partnerships with municipalities, non-profits, and the private sector.

Projects that may be eligible for the Co-Investment Fund include:

  • Creation of shelter spaces
  • Transitional and supportive housing
  • New affordable housing
  • Renewed affordable housing (repairs and renovations)
  • Making homeownership more affordable

The Co-Investment Fund also prioritizes the following objectives:

  • High energy-efficiency
  • Accessibility for persons with disabilities
  • Proximity to community services

More information can be found here:

Or contact CMHC or the NWTHC:

Sandra Turner, Client Relations, Canada Mortgage and Housing Corporation ,sturner@cmhc-schl.gc.ca

or

Revi Lau-a, Director of Policy and Planning, Northwest Territories Housing Corporation, revi_lau-a@gov.nt.ca