Housing Development Grant Policy

High construction costs, along with servicing challenges like septic systems and wells, have been major barriers to housing growth in Carmacks. Under this HAF initiative, the Village of Carmacks launched a new Housing Development Grant Program to help residents and developers build more homes in our community. This grant program provides financial assistance to offset those costs and encourage a wider variety of housing options within the municipal boundary.

Eligible property owners may apply for funding support to develop new single homes, multi-unit housing, or larger developments. The program offers flexible grants, bonus incentives for early projects, and additional support for essential servicing.

To date, the following tasks have been completed:

o    May/June 2025 – Secondary research and community engagement carried out to better understand constraints to new housing units. See Council presentation here.

o    August 2025 - Housing Development Grant Policy passed by Council.

o    September 2025 - First intake for the Housing Development Grants launched September 8, 2025 and closed October 8, 2025. See application documents here.

o    October/November 2025 - Village entered into Minor Grant agreements with 5 property owners to develop 10 housing units on 6 properties in Carmacks by November 2027.  The total committed amount for these grants is $525,000.

o    November - Village initiated discussions with potential Major Grant applicants and created reporting forms to facilitate orderly, efficient administration of the grant program. See Reporting forms here.

 

Future Grant intakes will be subject to funding availability.