Town of Hay River Receives 2M in CMHC Funding

For Immediate Release
April 26, 2024

CMHC News Release
The Council of the Town of Hay River, NT is pleased to announce that it has received a $2 million grant from the Canadian Mortgage and Housing Corporation for the Housing Accelerator Program. The funds are for a 3-year term with a Housing Supply Growth Target of 30 permitted housing units over that period of time.
The initiatives supporting the efforts to achieve that goal are to:
• Create a development system that supports Additional Dwelling Units,
• Incentivize the development of underused/idle lands, with an emphasis on the development of multi-unit residential,
• Amend bylaws and policies to support development of residential units in the downtown core, with emphasis on multi-unit development,
• Incorporate update floodplain mapping,
• Amend zoning bylaw and policies to promote the development of transitional housing units for vulnerable populations,
• Reduce the carbon footprint of new unit construction, with a preference for multi-unit development,
• Development of a disincentive program to ensure that no vacant units or underdeveloped/idle lands remain within the municipal boundaries,
• Streamline the development process by delegating authorities to staff and exploring technology to support the process,
• Develop an incentive program to encourage infill and increased density in existing residential areas.
“The Council of the Town of Hay River is happy to receive support through the Housing Accelerator Fund to continue its efforts to increase the stock of safe, diverse, efficient, and affordable housing in Hay River. This is an important next step to advance key housing initiatives identified in our Community Strategic Housing Plan.”
Mayor Kandis Jameson
More information about incentive opportunities will be released in the coming months. Developers can reach out to Glenn Smith, SAO at for any inquiries.
For further information, contact:
Glenn Smith
Senior Administrative Officer
Town of Hay River
(867) 874-6522