Northern Development Initiative Trust announced three new funding programs Wednesday aimed at supporting local governments the creation of new, market-based housing units across Northern B.C. File image

NDIT announces new housing programs for Northern B.C.

The programs will help local governments create new, market-based housing units

Northern Development Initiative Trust has developed three new programs to support local governments in the creation of new, market-based housing units across Northern B.C.

“Northern Development recognizes the need for increased housing options throughout the communities in Northern B.C. as a way to retain seniors, attract workforce and in turn, increase business and employment opportunities,” NDIT CEO Joel McKay noted in a press release.

The new programs are designed as a step-by-step process that will assist local governments in all aspects of new residential development and are only available to communities within Northern Development’s service region.

The Housing Needs Assessment Program will provide one-time grant funding to local governments for the development of a comprehensive housing needs assessment that covers the entire community and meets the requirements of the Local Government Statutes (Housing Needs Reports) Amendment Act.

Up to $200,000 will be accessible on a yearly basis between 2019 and 2021, with one-time funding available to eligible local governments up to $10,000 to a maximum of 50 per cent of the project budget.

Read more: Community Living affordable housing unit receives $8 million from government

The Community Planning for Housing Program will provide grant funding for municipalities and regional districts to assist with the cost of hiring a contract staff position to assess, and support the development of, the community’s housing needs over a 12-month period.

NDIT commits to one placement per regional development area for a total of $160,000 annually, with local governments eligible to receive up to $40,000 from Northern Development to assist with the cost of the hire. The host community is required to provide at least $10,000 toward a minimum base salary of $50,000, including statutory benefits and vacation days or pay.

Finally the Northern Housing Incentive Program will provide grant funding to local governments to create a “Dollars to the Door” program by encouraging private sector housing developments.

Local governments are eligible to receive a grant up to $10,000 per dwelling, created in a multi-unit housing project to a maximum contribution of $200,000.

In late 2017, Northern Development partnered with the City of Prince George to expand the City’s Multi-Family Housing Incentives Program, which is very similar to this newly announced initiative.

Applications for this program will be received on a quarterly basis, with intake dates available on Northern Development’s website.



news@wltribune.com

Like us on Facebook and follow us on Twitter

Just Posted

All Nations Driving Academy gets $360K boost from province

Terrace-based driving school bridges gap in services for remote northwest B.C. communities

Skeena Watershed reopened for recreational pink and coho

Four sections and tributaries remain closed

Skeena-Bulkley Valley candidates react to finding Trudeau broke ethics law

The election campaign is heating up before the writ has even dropped

Body of ATV rider recovered from bottom of Terrace trail

BC Coroners Service investigating death of man in his 70s

All Nations, Haisla teams hoop basketball tournament titles

Eighteen teams across two divisions faced off Aug. 8-10

VIDEO: Canadian zoos’ captive breeding programs help preserve endangered species

Programs considered last-ditch effort to prevent local extinctions of turtles, butterflies and more

B.C. sets rules for ride hailing, same minimum fee as taxis

Larger operating areas seen as threat by cab companies

Two hiking families team up to extinguish fire in B.C. backcountry

Children and their parents worked for three hours to ensure safety of the popular hiking region

Elections Canada to assess ‘partisan’ climate change rhetoric case by case

People’s Party of Canada Leader Maxime Bernier has said climate change is not an emergency nor caused by human

Unseasonable snow forces campers out of northeastern B.C. provincial park

Storm brought as much as 35 centimetres of snow to the Fort Nelson, Muncho Lake Park-Stone Mountain Park

B.C. log export rules killing us, northwest harvester says

NorthPac Forestry says Skeena Sawmills has plenty of timber

Vancouver man arrested after pregnant woman’s SUV stolen, then crashed

Police are recommending charges against a 22-year-old Vancouver man

Search crews find 4-year-old boy who went missing near Mackenzie

George went missing early Saturday afternoon

Most Read