Trending
A red, white, and black flag with a white background.

Saskatchewan affordable housing gets multi-million-dollar tranche

Businessman holding a house model in his hands.

The federal and Saskatchewan governments have announced the investment of a total of nearly $2.39 million for the construction and maintenance of homes across the province.

With a focus on affordable housing projects in five communities, the allocation is part of the 10-year, $40-billion National Housing Strategy.

Of the invested sum, $570,000 will go to the non-profit group Gabriel Housing Corporation in Regina. Meanwhile, $470,000 will be for Oxford House, also in Regina.

Read more:

In Saskatoon, $434,000 will be set aside for the Lighthouse and its co-housing spaces for individuals who can live independently with limited support.

Moreover, $450,000 will be allocated to single-family units in La Loche and Ile a-la-Crosse under the Trades Training Program, which is operated by local housing agencies.

A further $465,000 will go to the Homes of Hope project by River Bank Developments in Prince Albert.

About the Author

Ephraim is currently a journalist at Mortgage Broker News, Real Estate Professional and Canadian Real Estate Wealth. Ephraim is a highly accomplished news reporter whose work has been published across North America and the Asia Pacific region. Before joining Key Media, Ephraim spent eight years working as a journalist with Reuters TV. His areas of expertise include real estate, mortgage, and finance. LinkedIn | Email  

Post a Comment

Related Articles

The popular adage, “If you build it, they will come,” no longer seems to apply to the residential construction industry these days. High interest rates,...

Despite a strong start to the year, according to an Edge Realty Analytics report1, Vancouver’s housing market experienced a slight setback in February, with seasonally...

Most Trending News

The popular adage, “If you build it, they will come,” no longer seems to apply to the residential construction industry these days. High interest rates,...

Despite a strong start to the year, according to an Edge Realty Analytics report1, Vancouver’s housing market experienced a slight setback in February, with seasonally...

A recent landmark U.S. settlement could impact the Canadian housing market. Recently, the National Association of REALTORS® (NAR), a major U.S. group representing over one...