Yukon Secures $350M for Housing & Infrastructure

The Yukon government has secured $350 million in new funding through two federal partnerships to address critical housing and infrastructure needs. The first agreement commits almost $157 million from Ottawa's Build Communities Strong Fund towards a decade-long plan for housing and post-secondary education infrastructure.

This funding will also support health infrastructure over three years, aiming to improve access to care and expand hospital capacity. The second agreement involves a collaboration between the federal government and the Yukon Housing Corporation, contributing up to $100 million and $93 million respectively.

This second partnership specifically targets the delivery of up to 500 new homes, prioritizing affordable rentals for low-income clients and essential workers. The governments aim to expedite construction timelines using Canadian-made materials, a move welcomed by organizations like Habitat for Humanity Yukon, which noted the critical need for affordable housing to address rising rental costs and homelessness.