City of Terrace Housing Committee Meeting Agenda April 2026
Terrace Advances Policy to Access Northern Housing Funds
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Description
The City of Terrace Housing Committee recommended that Council adopt the "Dollars to the Door" Program Policy to participate in the Northern Development Initiative Trust Northern Housing Incentive Program, which offers up to $10,000 per unit to a maximum of $200,000 per intake for eligible multi-unit housing projects. Adoption of the policy will formalize the City's participation in this long-standing regional funding program.
Contract Details
Contract Amount
Up to $10,000 per dwelling unit, to a maximum of $200,000 per intake
Vendor
NORTHERN DEVELOPMENT INITIATIVE TRUST
Agency
City of Terrace, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
Program has been in place for about 10 years; the municipal policy is intended to be permanent but may be reviewed and amended if warranted or if Northern Development Initiative Trust program criteria change.
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