Construction begins for a new affordable housing project in Saskatoon
SASKATOON, July 24, 2017 /CNW/ - The Government of Canada and the Province of Saskatchewan, along with the City of Saskatoon and Quint Development Corporation (Quint), officially broke ground for a new 26-unit rental housing project for individuals and families who require supports in order to secure and maintain housing.
The Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, on behalf of Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with the Honourable Tina Beaudry-Mellor, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation (SHC), and His Worship Charlie Clark, Mayor of the City of Saskatoon, and Joy Crawford, Chair of Quint Development Corporation's Board of Directors, made the announcement today.
Quick facts:
- Located on the 200 block of Avenue O South in Saskatoon, this development will consist of the construction of 26 brand new units—8 one bedroom units (493 square feet or 45.8 square metres), 10 three-bedroom units (1,064 square feet or 98.84 square metres), 6 four-bedroom units (1,475 square feet or 137.03 square metres), and 2 four-bedroom accessible units (1,912 square feet or 177.63 square metres) in a townhouse complex in the core-neighbourhood of Pleasant Hill.
- The federal and provincial governments, through CMHC and SHC, are jointly contributing up to $3.19 million towards the project under the Canada-Saskatchewan Investment in Affordable Housing (IAH) 2014-2019 Agreement.
- City of Saskatoon will provide $557,000 in funding plus additional incentives towards the project. Quint is contributing about $1.7 million in the form of cash equity and mortgage financing.
- Established in 1995, Quint is a non-profit organization whose mission is to enhance the economic and social well-being of Saskatoon's west side core neighbourhoods. Quint has provided affordable housing and employment services, and economic development for the residents of these neighbourhoods. Quint owns and operates 68 affordable housing units. In addition, Quint provides additional services through their Eviction Prevention Program, which focuses on stabilizing low-income families.
- This investment supports Saskatchewan's Poverty Reduction Strategy goal of ensuring Saskatchewan people have access to affordable, safe, secure and stable housing.
Quotes:
"These 26 new homes will make a real difference in the lives of families in Saskatoon. Our Government is proud to work with our valued partners and remains committed to making communities stronger through projects like these both in Saskatchewan and across Canada." —Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness
"This project will provide 26 safe, quality homes for people in this community who have complex needs and are not able to maintain housing without support services. I wish to congratulate everyone involved with this project, including Canada Mortgage and Housing Corporation, the City of Saskatoon and Quint Development Corporation. Our government is pleased to be involved with this initiative that supports hard to house families and individuals. This new affordable housing will further our plan to keep Saskatchewan strong." —Honourable Tina Beaudry-Mellor, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation
"This exciting project will help to make Saskatoon a more accessible community where all people can thrive. Safe, secure and stable housing is an investment worth making because it helps build shared prosperity and the success of our city. My largest thanks to all of the partners who funded this project and for the Quint Development Corporation for continuing to show such strong leadership in this area."—His Worship Charlie Clark, Mayor, City of Saskatoon
"Quint's Affordable Housing Program is expanding in order to meet the growing need for larger, family-sized safe and affordable rental housing in Saskatoon. In addition, this infill development will significantly improve the aging housing stock in Pleasant Hill and help strengthen and revitalize the neighbourhood. Quint is thankful to all of our partners in this project who have helped us fill this pressing need in the city."—Joy Crawford, Chair, Quint Development Corporation Board of Directors
Associated links:
- CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC's operations. For more information, please call 1-800-668-2642 or visit www.cmhc.ca or follow CMHC on Twitter, YouTube, LinkedIn and Facebook.
- In October 2012, the Government of Saskatchewan released the Saskatchewan Plan for Growth: Vision 2020 and Beyond, which sets out the Government's vision for a province of 1.2 million people by 2020. The Plan identifies principles, goals and actions to ensure Saskatchewan is capturing the opportunities and meeting the challenges of a growing province. Since 2007, the Government of Saskatchewan has invested over $750 million to develop or repair more than 15,500 housing units across our province.
SOURCE Canada Mortgage and Housing Corporation
Émilie Gauduchon, Office of Minister Duclos, 819-654-5546, [email protected]; Gabriel Teo, CMHC, 604-737-4137, [email protected]; Leya Moore, Saskatchewan Ministry of Social Services, 306-787-3610, [email protected]
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