Northern Housing Incentive program | Northern Development Initiative Trust

In order to qualify for funding the project shall meet the following criteria;

• The project addresses a specific or multiple needs identified within the community’s housing needs assessment.
• Project(s) consist of the construction of a minimum of four new self-contained residential dwelling units
• Self-contained dwelling units may be created in new construction
• Conversion of a commercial/institutional building or other non-residential property into new housing units
• Renovations to existing housing units are ineligible.
• Projects are shovel ready upon confirmation of funding, meaning all necessary bylaw amendments have been completed
• Applications where the community’s housing incentive program policy require a developer commitment to the applicable performance requirements of the BC Energy Step Code will receive priority over those that do not
• Construction must be completed, and the occupancy permit awarded, within two years of the approval date
• Projects started prior to notification of funding approval are not eligible, however, Northern Development can provide flexibility on this providing permission is sought prior to the start of construction along with a strong rationale. Waiving of this requirement is considered on a case by case basis and permission to start does not guarantee or imply approval of the grant request.