NWT Housing Corporation Capital Plans 2019-20 Overview
The NWT Housing Corporation (NWTHC) plays a crucial role in providing housing supports across the housing continuum, including public housing units, affordable housing options, and support programs for homeowners. Their 2019-20 Capital Plan outlines major investments in new constructions, retrofits, upgrades, repairs, and minor capital projects. Additionally, they offer partnership opportunities for community housing initiatives and access to funding for innovative affordable housing solutions through programs like the Community Housing Support Initiative and the National Housing Strategy Co-Investment Fund. Explore this overview for detailed insights into the NWTHC's ongoing initiatives and future plans.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
INDUSTRY DAY January 17, 2019 NWT Housing Corporation 2019-20 Capital Plan
NWT Housing Corporation The NWTHC provides housing supports across the housing continuum: Own approx. 2,200 public housing units Own approx. 430 affordable housing units market and subsidized homeownership rentals Own multiple offices and maintenance shops to support the public housing program Also supports homeowners through repair programs 2
NWTHC Investments NWT Housing Corporation ($18.3 million) 2019-20 Major Capital Plan includes: o $7.5 million for New construction o Public Housing and Market o Yellowknife, Hay River, and Ulukhaktok o $6.3 million for major retrofits to existing stock o Targeting about 100 retrofits 3
NWTHC Investments NWT Housing Corporation ($18.3 million) 2019-20 Major Capital Plan includes: o $3.275 million for LHO offices and warehouses o Ft Liard and Behchoko o $1.200 million for various upgrades and replacements o Vehicles, hazardous assessments, computers Federal Low Carbon Economy Fund o o Heating Conversion 45 units Sissions Court, YK o Design 18-19, Construction 19-20 4
NWTHC Investments NWT Housing Corporation 2019-20 Minor Capital Plan includes: o $7.3 mil Homeownership Programs o assist about 400 clients annually o Major Repairs and minor repairs, emergency repairs, o Senior s aging in place, preventative maintenance o $2.9 mil Minor Capital Projects o Fuel Tank Replacements, Demolitions, and minor repairs of owned assets 5
Affordable Housing Partnership Opportunities Community Housing Support Initiative Supports affordable housing partnerships between Indigenous governments, community stakeholders, and the NWTHC. Allows organizations to access financial or in-kind support to deliver and manage innovative affordable housing solutions of their own design. Building is owned by the community government (or stakeholder) Application based apply through the NWTHC http://www.nwthc.gov.nt.ca Past projects supported Salt River 2 homes, and Jean Marie River 1 home 6
Affordable Housing Partnership Opportunities National Housing Strategy Co-Investment Fund Repair and renewal stream To ensure existing rental housing is not lost to disrepair New construction stream To develop new, high-energy performing affordable housing integrated with supports and services (better accessibility, visitable) 7
Affordable Housing Partnership Opportunities Co-Investment Fund $15.9-billion federally managed National Housing Co-Investment Fund. $60 million targeted for NWT over 9 years (some cost matching) NWTHC will be a primary partner in Co-Investment Fund projects with the federal agency, the Canada Mortgage and Housing Corporation (CMHC). Together will seek to attract partnerships with municipalities, non-profits, and the private sector. 8
Affordable Housing Partnership Opportunities Co-Investment Fund Projects that may be eligible include: Creation of shelter spaces Transitional and supportive housing New affordable housing Renewed affordable housing (repairs and renovations) Making homeownership more affordable 9
Affordable Housing Partnership Opportunities Co-Investment Fund The Co-Investment Fund prioritizes the following objectives: High energy-efficiency Accessibility for persons with disabilities Proximity to community services 10
Affordable Housing Partnership Opportunities Co-Investment Fund More information can be found here: NWTHC Website: http://www.nwthc.gov.nt.ca/national-housing-co-investment-fund Other: New construction stream: https://www.cmhc-schl.gc.ca/en/nhs/national-housing-co-investment-fund- n... Repair and renewal stream: https://www.cmhc-schl.gc.ca/en/nhs/housing-repair-and-renewal-stream 11
QUESTIONS? Contact Information: Scott Reid Director, Infrastructure Services NWT Housing Corporation P: (867)767-9330 Ext 85081 F: (867) 669-7010 E: scott_reid@gov.nt.ca 12
