CMHC announces federal investment in NT affordable housing

Feds to invest millions for construction of housing units for an Indigenous community

CMHC announces federal investment in NT affordable housing
Duffie Osental

Canada Mortgage and Housing Corporation (CMHC) has announced a $4.9 million federal investment for the construction of affordable housing units for the Indigenous community of Tulita in the Northwest Territories.

The investment will see the construction of eight modular housing units, designating two of the eight units as emergency accommodation for vulnerable persons in need. The remaining six approved housing units will accommodate the needs of elders and others in the community.

Read more: Federal government announces substantial funding for Northern housing

The funding is being delivered through CMHC’s National Housing Co-Investment Fund (NHCF), which supports new and revitalization construction of mixed-income, mixed-tenure, and mixed-use affordable housing and is a key pillar of the federal government’s National Housing Strategy (NHS).

“This is the National Housing Strategy at work,” said Ahmed Hussen, the minister responsible for CMHC. “It is flexible and in tune with the needs of northern communities. Our government remains committed to making significant investments in affordable housing and meeting housing needs and challenges facing communities in the NWT.”

“Safe, affordable housing for residents is a vital need and a basic human right,” said Tulita mayor Douglas Yallee. “During this pandemic, we have witnessed first-hand how personal and community well-being suffers when those needs are not met. Construction of the new units will help improve the quality of life and benefit the local economy.”

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