Housing Initiatives Fund

By mmuise
Description:

The Housing Initiatives Fund provides capital grants for new affordable housing across Yukon. It can be used for new rental housing or new home ownership options.
There are 3 program streams:
1. shovel-ready (Whitehorse);
2. shovel-ready (rural); and
3. project concepts.


Comments on Funding:

1. Funding takes the form of grants.
2. Projects in Whitehorse are eligible for up to $100,000 for each unit up to a maximum of $1,000,000.
3. Rural projects are eligible for up to $100,000 for each unit up to a maximum of $1,000,000.
3. Projects concepts are eligible for up to $20,000.
4. Funding for rural private homeowners constructing rental units cannot exceed 50% of the project costs.

Deadline: 1. Continuous Intake for project concept funding applications. 2. February 9, 2024 for the intake for shovel-ready funding applications.
Eligibility:

Applicants must be:

  • community housing providers including public or private non-profit housing organizations or rental co-operatives;
  • First Nations governments and development corporations;
  • municipalities;
  • private sector companies and individuals.

    Eligibility criteria for units:
  • Units must be energy efficient.
  • A minimum of 1 or 20 per cent of the units must be accessible.
  • Units designated as affordable must remain affordable for 20 years.
Application Steps:

-

Documentation Needed:

-

Other Things to Note:

The intake for project concept funding applications is open all year round.
The intake for shovel-ready funding applications is open from November 22, 2023, to February 9, 2024.

About the author
mmuise