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  THE LOW INCOME & URBAN HOUSING BLOG  

Monday, June 25, 2012

Canada's Economic Action Plan Stimulates Affordable Housing in Yukon

Canada Economic Action Plan Canada's Economic Action Plan announced a $6.4 million federal contribution to build safe, new affordable housing units in Yukon. The announcement represents the Canadian government's plan to create jobs and stimulate the economy in North Canada.

Six affordable housing units are now open in Yukon with 14 additional units in the construction stage. Canada's Economic Action Plan includes a total of $200 million over two years to build affordable housing for northern communities. Thus far, 139 new units have been built along with the renovation of an additional 350 existing units.

In a similar move, $2.4 million was provided by the Government of Canada to build three family units in Whitehorse, $1.9 million for the construction of single family housing in Carmacks, and another $2.1 million to build housing in Ross River that will replace old mobile homes.

Through support from the Government of Canada, more than 605,000 low-income households, along with the homeless, seniors, persons with disabilities, recent immigrants and Aboriginal people will benefit from the new housing plans. The new housing units will be safe and energy efficient to improve the quality of life for low-income Canadians and households living in existing social housing.

For more information, visit www.cmhc-schl.gc.ca


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