City Council Approves Signing of CMHC Agreement to Fund Local Housing Project
News Release
City Council Approves Signing of CMHC Agreement to Fund Local Housing Project
November 30, 2021 – Iqaluit, Nunavut
The City is please to announce that Iqaluit City Council have voted in favor to enter into agreements with the Canadian Mortgage and Housing (CMHC) Rapid Housing Initiative and the CMHC Co-Investment fund, which will provide the City $10,734,852.65 of funding for the development of affordable housing units, targeting vulnerable groups, in Iqaluit.
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