Dear Valued Members and Stakeholders,

As we enter a new year full of hope and possibility, I am happy to share with you some of our accomplishments from 2023 and a few of the projects that we are working on in 2024.

In December 2023, the First Nations Housing Professionals Association (FNHPA) and the First Nations Market Housing Fund reached a significant milestone by officially supporting a Memorandum of Understanding (MOU). This is a big step in our work to promote and support First Nation homeownership. We share common ground with FNHPA regarding the importance of promoting formal training and certification for First Nation housing administrators. In addition, the Fund’s updated Capacity Development strategy involves collaborating with like-minded organizations. We are currently working with FNHPA and other partners to establish strategic alliances that will amplify our efforts to enhance homeownership in First Nations communities.

At the same time, the Fund took part in the AFN Special Chiefs Assembly in December 2023, where we saw Cindy Woodhouse elected as the new National Chief of the Assembly of First Nations. With rich experience and a forward-thinking approach to positive change, National Chief Cindy Woodhouse is ready to make big contributions to Indigenous rights and prosperity. We are excited to collaborate with her in our mutual commitment to help First Nations find sustainable housing solutions.

Looking ahead to 2024, our primary initiative will involve preparing a cabinet submission for Canada, where we will advocate for the full transfer of Care and Control of FNMHF to First Nations. This transfer is expected to grant the Fund greater flexibility in addressing the multifaceted needs of potential First Nation homeowners. A working committee comprising technicians from FNMHF, CMHC, ISC, and AFN has been formed and convenes regularly to develop the business case. We will also leverage insights from research projects completed in 2023, such as the Capacity Development Research Project and the Lender Research Project. Starting in April, the Fund will launch a national survey accessible through our website, providing First Nation members with an opportunity to offer feedback on the proposed changes at the Fund. Please stay tuned for the survey’s launch.

I urge you to stay connected with us, follow us on social media and talk to our team about the exciting opportunities and resources ahead. The Fund is committed to helping you and making your communities thrive. We are excited to work with you, support your goals, and work together to build a better future for everyone.

Wishing you continued success and prosperity in 2024.

Sincerely,

Travis Seymour, FCPA, FCGA, MBA, CAFM

CEO, First Nations Market Housing Fund