This year, the Yukon Housing Corporation is opening a $3.6 million fund for innovative housing projects that will address local housing needs.
This funding can be used to develop new affordable housing units in Yukon through new construction or by providing rent supplements for new units to help Yukoners afford rental housing. First Nations, First Nations Development Corporations, developers, contractors and community organizations with projects that will increase housing options in their community can apply for this funding.
A submission form and proposal outline are available from the Yukon Housing Corporation. The deadline for project proposals is June 29, 2018, at 4:30 p.m.
This fund will encourage the development of affordable housing across the territory. The Housing Initiatives Fund fosters innovative solutions through partnerships with developers, First Nation governments and communities to create more affordable housing options for Yukoners.
Minister Responsible for the Yukon Housing Corporation Pauline Frost
Projects must be minimum four units in Whitehorse and minimum two units in communities.
Projects must increase the number of housing units available to Yukoners. Projects can be supportive or social housing, new affordable rentals or home ownership options, or other innovative projects like co-housing.
This funding can be used with other Yukon Housing Corporation programs such as the following: the Municipal Matching Rental Construction Program; the Affordable Housing Program; the First Nation Partnership program; and the Developer Build Loan Program.
This fund will be offered for five years with annual intakes. Projects to be built in subsequent years can be pre-approved during this intake – subject to annual appropriation.