The Yukon Housing Corporation offers loans for first time home buyers or builders who are not able to get a mortgage from a bank. The home must meet these modest design guidelines.
Price of the home
The home must not exceed the average real estate price by home type. You can find this average price by looking at the Bureau of Statistics previous quarter average. This is how we determine the average real estate price.
The maximum floor areas must not exceed the following:
- Bachelor or 1 bedroom: 750 ft2
- 2 bedrooms: 1,100 ft2
- 3 bedrooms: 1,650 ft2
- 4+ bedrooms: 2,300 ft2
Your home must include materials and construction techniques that are simple, efficient and durable, easy to build and maintain, and minimal in cost without sacrificing some architectural expression, performance of building or comfort of residents.
Designs with garages with a floor area greater than 450 ft2, more than 3 bathrooms, solariums, covered balconies will not be approved for loans.
We encourage energy efficient construction and sustainable design principles.
Email email@example.com to make sure the home you want to buy or build meets these requirements.