YT Government: Changes to the third Housing Initiatives Fund intake
The third intake of the Housing Initiatives Fund launched on November 1, 2019 to support the construction of affordable housing for Yukoners across the territory.
This call for projects includes three streams: one for shovel ready projects in Whitehorse, one for shovel ready projects in communities and one for project concepts. First Nations governments, First Nations Development Corporations, developers, contractors, community organizations and the general public can apply for funding to support projects that will increase affordable housing options in their community.
Submission forms and program fact sheets are available from the Yukon Housing Corporation and information is available on Yukon.ca.
The deadline for project proposals is December 2, 2019, at 4:30 p.m.
Since 2017, the Housing Initiatives Fund has provided funding to 23 projects that are currently under way or will break ground next season. We have increased the flexibility of this year’s intake to focus on housing projects that will support youth, seniors, low-income and vulnerable Yukoners in Whitehorse and rural communities.
Minister Responsible for Yukon Housing Corporation Pauline Frost
- Projects must include a minimum of four units in Whitehorse or a minimum of one unit in communities and must remain affordable for 20 years.
- Projects must increase the amount of affordable housing available for Yukoners and can include new affordable rentals or new rent-to-own options or new home ownership options, or other mixed market approaches.
- Additional consideration will be given to projects that aim to meet the needs of seniors, tenants earning less than YHC’s household income limits, homeless or youth (aged 18-25).
- This funding can be used with other Yukon Housing Corporation programs such as the Municipal Matching Rental Construction Program, the First Nation Partnership Program, the Developer Build Loan Program and federal funding projects.
Communications, Yukon Housing Corporation
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