Press Release
Federal Budget 2026 Invests in Yänonhchia’ Housing Finance to Expand Homeownership Financing Opportunities for First Nations
Ottawa, Ontario, November 10, 2026 – Yänonhchia’ Housing Finance (Yänonhchia’) welcomes the Government of Canada’s 2026 federal Budget, which proposes $150 million in funding over 5 years to expand and scale an Indigenous-led housing finance model and increase access to homeownership financing for First Nations across the country.
This budget announcement underscores the impact of Yänonhchia’s innovative, Indigenous-led financing model. It represents a major step toward providing quality, affordable housing for First Nations families, while creating long-term economic prosperity and generational change.
Yänonhchia’ gratefully acknowledges the support and collaboration of Indigenous Services Canada (ISC) and of the Honourable Mandy Gull-Masty, Minister of Indigenous Services, in advancing this initiative.
This achievement also reflects the collective efforts, collaboration, and support of key partners such as the National Aboriginal Capital Corporations Association (NACCA), the McConnell Foundation, the First Nations Market Housing Fund, and the Assembly of First Nations.
Yänonhchia’ also recognizes its Indigenous Financial Institution (IFI) partners: Aboriginal Savings Corporation of Canada (ABSCAN), Däna Näye Ventures, First Nation Agriculture & Finance Ontario (FNAFO) and Ulnooweg Development Group (Ulnooweg). Their expertise, commitment and collaboration are essential to delivering this financing solution to First Nations across Canada.
This initial investment will enable participating IFIs to begin providing loans through the Yänonhchia’ Housing Finance network and respond to the long-standing demand for accessible housing financing in First Nations communities.
Quote from Yänonhchia’ Housing Finance
“This investment reflects years of hard work to bridge the housing infrastructure gap,” said Lance Haymond, General Manager of Yänonhchia’ Housing Finance. “By leveraging the regional expertise of our IFI partners, this federal backing unlocks our full capacity. Ultimately, it empowers First Nations families to build equity and secure their autonomy, creating a truly generational impact.”
Quote from the Honourable Mandy Gull-Masty, Minister of Indigenous Services
“A home is much more than a building; it is a place of belonging, security and opportunity for families and communities to thrive. Closing the housing gap in First Nations communities requires innovative solutions and new approaches to financing. Our government is proud to support Yänonhchia’ Housing Finance in increasing access to housing financing and creating more opportunities for First Nations families to achieve homeownership on reserve.”
For more informations:
- Yänonhchia’ Housing Finance: info@yahf.ca, http://www.yahf.ca/
