$40 Million In New Housing Funding Coming To The Yukon
Northern Canada

$40 Million In New Housing Funding Coming To The Yukon

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Every Canadian deserves a safe and affordable place to call home

TDS News – Today, Federal Housing Minister together with Minister responsible for Yukon Housing Corporation Pauline Frost, announced a Memorandum of Understanding between the Government of Canada and the Yukon Housing Corporation for a contribution of $20 million over five-years to support the construction of new housing units in Yukon.

Funding is delivered through the National Housing Co-Investment Fund (NHCF), as part of a northern carve-out specifically created for Yukon, totaling $40 million. Announced today, $20 million will be administered by Yukon Housing Corporation to address identified housing pressures in rural communities and in Whitehorse, to increase choice along Yukon’s housing continuum with particular focus on affordable accessible housing.

$40 Million In New Housing Funding Coming To The Yukon

The other $20 million will go toward the new construction of mixed-income, mixed-tenure, and mixed-use affordable housing, supporting indigenous governments, community housing providers and private sector projects. 

“This funding aligns with the Housing Action Plan for Yukon and allows the Government of Yukon to respond quickly to specific and unique housing pressures we see in the territory. We will use this funding to address housing needs in our Yukon communities, focussing on our commitments to help Yukoners age in place and find affordable housing that meets their needs.” Minister responsible for the Yukon Housing Corporation Pauline Frost

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