Crystal Schick/Yukon News file The $1.5 million Municipal Matching Rental Construction Grant has been completely allocated for this fiscal year

Territory spends all of its municipal rental construction grant money

Nine projects funded, four go without

Anyone planning to add a living or garden suite with the help of the territory’s Municipal Matching Rental Construction Grant program may want to consider putting it off until after the 2020 fiscal year gets underway.

As it stands the $1.5 million available through the grant funding has been fully committed by Yukon Housing for this year, going to nine projects, Yukon Housing spokeswoman Sarah Murray wrote in an email.

The funding — aimed at increasing the supply of rental housing in municipalities around the territory — provides one time grants to those building rental stock.

Under the program, minor developments — where a living or garden suite is added to a residential property — can receive up to a maximum of $10,000.

Standard developments — multi-family developments with less than 10 rental units — can receive up to $50,000. Larger major developments can receive up to $500,000.

The $1.5 million for this fiscal year is approved for five minor and four major projects. Another four applications, submitted after those nine were approved, are on a waiting list, Murray said.

“There is potential that currently approved applications will be withdrawn from the program this year,” she wrote. “If this occurs, then funding will be reallocated to other projects in the order in which applications were received.”

Whether the territory will increase the amount available for the grant won’t be known until next year.

“Funding for the Municipal Matching Rental Construction Grant is subject to the annual budget cycle. We use the past year’s uptake of the program to best align our budget with the program demand,” Murray said.

“For example, due to the popularity of this program, the budget increased from $1 million in 2018-2019 to $1.5 million in 2019-2020.”

A total of 106 projects have received funding through the program since it was introduced in 2015.

Contact Stephanie Waddell at stephanie.waddell@yukon-news.com

affordable housing

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Inside the courtroom in Whitehorse, Chief Electoral Officer Max Harvey, Vuntut Gwitchin returning officer Renee Charlie and Supreme Court Judge Suzanne Duncan open the box containing the names of the tied candidates. (Haley Ritchie/Yukon News)
Annie Blake elected as MLA for Vuntut Gwitchin after name draw

“I’m still feeling shocked that my name was drawn, I feel overwhelmed.”

Chief Medical Officer of Health Dr. Brendan Hanley. (Crystal Schick/Yukon News file)
New COVID-19 case confirmed in rural Yukon community

An exposure notification has been issued for Andrea’s Restaurant in Watson Lake

Food trucks gather on Steele Street between Front and Second for the annual Street Eats Festival in Whitehorse on August 12, 2019. (Julien Gignac/Yukon News file)
May 1 could mark the start of the 2021 food truck season

Lottery for downtown sites set for April 28

Wyatt's World
WYATT’S WORLD

Wyatt’s World for April 16, 2021.… Continue reading

From left to right, Pascale Marceau and Eva Capozzola departed for Kluane National Park on April 12. The duo is taking on the first all-woman expedition to Mt. Lucania. (Michael Schmidt/Icefield Discovery)
First all-woman team among mountaineers heading to Kluane National Park

One team will be exploring Mt. Logan while a second all-woman team aims for Mt. Lucania summit

Crystal Schick/Yukon News Whitehorse International Airport in Whitehorse on May 6, 2020.
NAV CANADA suspends review for Whitehorse airport traffic control

NAV CANADA announced on April 15 that it is no longer considering… Continue reading

A bulldozer levels piles of garbage at the Whitehorse landfill in January 2012. (Ian Stewart/Yukon News file)
Rural dump closures and tipping fees raise concern from small communities

The government has said the measures are a cost-cutting necessity

lwtters
Today’s Mailbox: Rent freezes and the youth vote

Dear Editor, I read the article regarding the recommendations by the Yukon… Continue reading

Whitehorse City Hall (Yukon News file)
City news, briefly

A look at city council matters for the week of April 12

Joel Krahn/joelkran.com Hikers traverse the Chilkoot Trail in September 2015. Alaska side.
The Canadian side of the Chilkoot Trail will open for summer

The Canadian side of the Chilkoot Trail will open for summer Parks… Continue reading

Letters to the editor.
Today’s mailbox: Hands of Hope, the quilt of poppies

Toilets are important Ed. note: Hands of Hope is a Whitehorse-based non-profit… Continue reading

École Whitehorse Elementary Grade 7 students Yumi Traynor and Oscar Wolosewich participated in the Civix Student Vote in Whitehorse on April 12. (Haley Ritchie/Yukon News)
Yukon Student Vote chooses Yukon Party government; NDP take popular vote

The initiative is organized by national non-profit CIVIX

Yvonne Clarke is the newly elected Yukon Party MLA for Porter Creek Centre. (Submitted/Yukon Party)
Yvonne Clarke elected as first Filipina MLA in the Yukon Legislative Assembly

Clarke beat incumbent Liberal Paolo Gallina in Porter Creek Centre

Most Read