The Government of Canada and the Province of Saskatchewan are working together to deliver more affordable housing solutions for households in greatest need in four Saskatchewan communities with a combined investment of over $4.4 million.
This latest funding initiative will help create new affordable housing units through five projects in four communities:
- $1 million to The Elizabeth — Retirement Community Project in Humboldt to repurpose the existing St. Elizabeth’s convent to create 26 independent living units with some supports and 25 units for low income seniors.
- $368,000 towards Star Court, Stewart Property Holding’s renovation of 16 units for individuals in need of independent housing in Saskatoon.
- $470,000 to Oxford House Society Inc. in Regina to purchase two homes with a combined total of 10 bedrooms for members who require social and addictions supports.
- $630,500 to RiverBank Development Corporation in Prince Albert to purchase six single family dwellings for large families in need of adequate housing.
The Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with the Honourable Paul Merriman, Minister of Social Services and Minister responsible for Saskatchewan Housing Corporation (SHC), and His Worship Michael Fougere, Mayor of the City of Regina, made the announcement at the opening of the Halifax Holding’s project located at 1914 Halifax Street in Regina.
- The federal and provincial governments, through CMHC and SHC, are jointly contributing over $2 million to Halifax Holdings West Inc. for 20 affordable housing units within the 45-unit project under the Canada – Saskatchewan Investment in Affordable Housing (IAH) 2014 – 2019 Agreement. The City of Regina committed to providing $705,000 to the project.
- All units in the building are approximately 350 square feet (32.5 square metres) in size. The building has an elevator and is within walking distance of services and amenities.
- All 45 tenants are anticipated to be supported by Phoenix Residential Society. SHC and CMHC are funding 20 of the units and Halifax Holdings West Inc. is funding 25. Tenants will be identified by Phoenix Residential Society which will tailor supports to the individual’s needs.
- This investment supports the Saskatchewan Housing Strategy and Poverty Reduction Strategy goal of ensuring Saskatchewan people have affordable, safe, secure and stable housing.
- Canada's first ever National Housing Strategy is a 10-year, $40-billion plan that will give more Canadians a place to call home. Under the National Housing Strategy, the federal government will recognize and progressively implement every Canadian's right to access housing that meets their needs and that they can afford.