Canadian and Yukon governments as well as community collaborators together declared their intent to finance the Options for Independence Society to construct a residential structure in Whitehorse having 14 houses for people with Fetal Alcohol Syndrome and Fetal Alcohol Spectrum Disorders (FASD).
Financing for the $3.05 million venture was concretized by extending the 2009 Affordable Housing Initiative. Governments of Canada and Yukon in August 2011 declared the extension of the Affordable Housing Initiative to cover the 2011-2014 duration. There will be federal financing of $2.955 million, and the Yukon government and the project supporters will invest $5.91 million over 3 years. This financing will benefit Yukoners of low income, those with difficulties, and the elderly to procure homes for themselves.The federal government will grant $1.05 million to the non-profit organization and Yukon Housing Corporation will offer $2 million in the form of construction and mortgage financing.
Options for Independence offers residences, aid and care to grown-ups living with FASD to enable them to live self-sufficient lives. The new project will proffer these facilities to about 26 occupants. The new residences are scheduled to be completed by the summer of 2013.
With the help of Canada Housing and Mortgage Corporation (CMHC), the Canadian government will provide about $2 billion for housing this year. Of this, approximately $1.7 billion will be channelized to helping around 605,000 families with low earnings living in community dwellings to enhance the quality of life, inclusive of elders, people with difficulties, those who do not have homes or at risk for homelessness, recent immigrants and aboriginal persons.
Source: http://www.cmhc.ca