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Whitehorse Daily Star: Independent living complex receives major funding boost


The two levels of government are providing millions of dollars of funding for the project.
At a new conference Tuesday morning, the federal government announced it’s providing up to $34.5 million in the form of a mortgage, while the territorial government is kicking in approximately $4.5 million. The City of Whitehorse is providing a $500,000 matching municipal grant.
The 84-unit Normandy Manor development will be built and operated by KBC developments, a local partnership of Ketza Construction, Borud
Enterprises and Northern Vision Development. The company is investing $25 million of its own money into the project.
The dignitaries participating in the news conference included Ahmed Hussen, federal minister of Families, Children and Social Development and minister responsible for Canada Mortgage and Housing Corp. (CMHC), along with the Pauline Frost, the territorial minister responsible for Yukon Housing Corp. (YHC), and Yukon MP Larry Bagnell. ....

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