Housing Initiatives Fund
The Housing Initiatives Fund provides funding for affordable rental housing projects across the Yukon.
Offered by Yukon Housing Corporation
Amount
Shovel-ready projects: up to $100,000 for each unit up to a maximum of $1,000,000; project concepts: up to $20,000; funding for rural private homeowners constructing rental units cannot exceed 50 per cent of the project costs
Quick eligibility check
Who can apply
Eligible projects must include a minimum of 4 affordable units in Whitehorse and 1 unit in communities.
Yukon community housing providers including public or private non-profit housing organizations or rental co-operatives
Yukon First Nations governments and development corporations
Yukon municipalities
Yukon private sector companies (must be in good standing with Yukon Corporate registry and operating for at least 2 years) and individuals (must be Yukon residents)
Units must exceed the National Building Code for energy efficiency by 25 per cent.
A minimum of 1 unit or 20 per cent of the units must be barrier-free and built to accessibility standards.
Units designated as affordable must remain affordable for 20 years.
Projects approved through the shovel-ready stream must begin construction within 6 months of their accepted application.
The housing must be ready for occupancy within two years of signing the funding agreement.
About the funding
Shovel-ready projects are eligible for up to $100,000 for each unit up to a maximum of $1,000,000.
Projects concepts are eligible for up to $20,000.
Funding for rural private homeowners constructing rental units cannot exceed 50 per cent of the project costs.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Community Tourism Destination Development Fund | Grant | Up to 75 per cent of the total costs of the project and 50 per cent of eligible capital expenditures to a maximum of $375,000 (Tier 1: projects with budget up to $100,000 | Open |
| Enhancement Fund: Radon Mitigation Funding | Grant | Up to $15,000 | Open |
| Special Beneficial Management Practice: Developing Fields and Land Utilization | Grant | Clearing field areas: up to $400 per hectare (cumulative maximum $800 per hectare) | Open |
| Sustainable Canadian Agricultural Partnership (Sustainable CAP) | Grant | Commercial applicants: up to a maximum of 60 per cent of project costs, cumulative maximum of $125,000 over the lifetime of the program ($250,000 for major projects over $125,000) | Open |
