Presentation on theme: "The Province’s role in housing can be summed up as follows: To provide safe, accessible affordable housing for those who cannot afford it or access."— Presentation transcript:
The Province’s role in housing can be summed up as follows: To provide safe, accessible affordable housing for those who cannot afford it or access it in the market; and To create an environment that encourages the construction of all housing types across the province.
A Strong Foundation - The Housing Strategy for Saskatchewan is an eight-year plan that is built on community, industry, and government partnerships.
The Strategy, which leverages partnerships, is producing results. In 2012, total housing starts in Saskatchewan reached 9,968 – more starts in one year than in any year since the 1970s.
Rental Development Program Secondary Suite Program ECHO Plan and ECHO Action AHOP and RCI Summit Action Fund Corporate Income Tax Rebate Capital Rent Subsidy
McEwan Manor, located in Regina, is a three- storey building with commercial space at street level and 40 bachelor units on the two upper storeys.
The total cost was over $6 million and pulled together funding from six sources. Federal Canada Economic Action Plan (CEAP) via SHC Provincial funding via SHC Community Living Service Delivery (CLSD) forgivable loan Ranch Erhlo – Equity/Mortgage Federal Homelessness Partnering Strategy City of Regina
The Encouraging Community Housing Options Program (ECHO) helps municipalities meet housing needs and sustain population and economic growth – two foundational elements of the Saskatchewan Plan for Growth.
The Province continues to work with stakeholders through a $25.9 million commitment to the Affordable Home Ownership Program and the Rental Construction Incentive.
SHC has partnered with the City of Regina on several RCI initiatives: Deveraux Sky Point (Harbour Landing) Halifax Holdings Smith Street project
The $6 million Summit Action Fund seeks to increase housing supply across the province through innovation in the housing sector.
The Corporate Income Tax Rebate on New Rental Housing is an opportunity to partner with and leverage private sector investment in rental housing.
Provides a capital loan of $40,000 per unit to permit sponsors to reduce rents, making them affordable for low- to moderate-income tenants.
Partnerships leverage financial and human resources. Partnerships among housing stakeholders are critical if our housing challenges are to be solved.