Housing Initiatives Fund now accepting partner proposals for new affordable rental projects
Press Release
February 2, 2026
The Yukon Housing Corporation is now accepting applications for the ninth intake of the Housing Initiatives Fund to support shovel-ready affordable housing projects across the Yukon. Eligible rental construction projects may receive up to $1 million in funding, conditional on a commitment to maintain affordable rental rates for a 20-year term.
The Housing Initiatives Fund has helped accelerate growth in affordable housing development by supporting First Nations, municipal and private developer-led projects in Yukon communities with construction-phase funding. Projects may access up to $100,000 per unit to a maximum of 10 units. Proposed projects must create a minimum of four affordable units in Whitehorse or one unit if located in a rural community.
In addition to maintaining long-term affordable rental rates, projects must exceed the National Building Code energy efficiency standards by 25 per cent and ensure that 20 per cent of units in multi-unit buildings are built to barrier-free and accessibility standards. Partners may also apply to the project concepts stream to access up to $20,000 to support planning phase work and other eligible pre-development activities.
The deadline to apply for the ninth intake of shovel-ready project proposals is March 16, 2026. Applications for project concept funding are accepted on a rolling basis year-round.
The Housing Initiatives Fund is a proven path to increasing the supply of affordable rental housing options for Yukoners. With this ninth intake, I look forward to exploring new collaborative partnership opportunities to prioritize affordability, supply and community need.
Minister responsible for the Yukon Housing Corporation Scott Kent
Quick facts
- Proponents must be Yukon residents (with proof of residency) or registered Yukon businesses.
- Eligible applicants include community housing providers, First Nations governments and development corporations, municipalities and private sector organizations or individuals committed to completing shovel-ready projects within two years.
- Shovel-ready construction projects may be eligible for up to $100,000 per unit, with a maximum of $1 million per project.
- Additional consideration will be given to projects that address diverse housing needs in the Yukon, including housing for seniors, tenants earning below Yukon Housing Corporation’s household income limits, individuals experiencing homelessness, youth aged 18 to 25, staff housing and First Nations-led initiatives.
- Since 2018, the program has committed nearly $40 million to support the construction of 1,037 new units.
- Funding can be combined with other Yukon Housing Corporation programs, such as the Municipal Matching Rental Construction Program and the Developer Build Loan Program, as well as federal funding initiatives.
Media contact
Tim Kucharuk
Press Secretary, Cabinet Communications
867-335-2419
tim.kucharuk@yukon.ca
Jason Seaton
Communications, Yukon Housing Corporation
867-333-9571
jason.seaton@yukon.ca
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