Every Canadian deserves a safe and affordable place to call home. That is why, in May 2018, the Government launched the National Housing Co-Investment Fund (NHCF), the largest program of its kind in Canadian history.
Recently, the Honourable Maryam Monsef, Minister of International Development and Minister for Women and Gender Equality, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced a $32.4 million financial commitment over three years (2019-2021) from the federal government to Habitat for Humanity Canada and its affiliate organizations across Canada.
With this commitment by the NHCF, a pillar initiative of the National Housing Strategy (NHS), and the work of Habitat for Humanity and its affiliate organizations, approximately 405 new homes will be created and approximately 105 units will be repaired and renewed supporting lower income families in communities in every province and territory across Canada.
These homes will meet NHCF accessibility and energy efficiency targets and will serve a range of vulnerable populations including single mothers, Indigenous peoples, people with disabilities and seniors.
In the first year of this NHCF commitment, funding is intended to be allocated across nine provinces and one territory in support of the creation of 135 new homes and the repair of approximately 56 existing homes. Under this first year commitment, Habitat for Humanity Peterborough will receive up to $3,183,250 in funding for thirty-five new homes within its Leahy’s Lane project, a unique 41-unit condo building meeting universal design standards. This will be Habitat for Humanity Peterborough’s largest multi-residential build and will serve as a model that can be rolled out to other Habitats across the country.