Le Lézard
Classified in: Business
Subjects: CPG, CFG


SASKATOON, SK, June 14, 2024 /CNW/ - Today the federal and provincial governments provided a combined investment of over $1 million for new, affordable homes in Saskatoon.

The announcement took place at the project located at 501 Avenue H South in the city. This new one-storey fourplex will consist of two bachelor and two, one-bedroom apartments that will become homes to four low-income people in Saskatoon. The project will be owned by Saskatechewan Housing Corporation (SHC) and operated by the Saskatoon Housing Authority (SHA) and is expected to complete in spring 2025. 

Funding of $1.1 million is being provided for the project through the National Housing Strategy (NHS) ? Saskatchewan Priorities Initiative.


"Working with our provinces is crucial to addressing the housing needs in every region, including here in Saskatoon. We are making it a priority for all Canadians to have access to safe, affordable homes and this is only possible through the commitment, collaboration, and hard work of all our partners. I am proud to see our National Housing Strategy come to life through announcements like today, and I wish these families all the best as they move into their new homes." ?  The Honourable Dan Vandal, Minister of Northern Affairs and Minister responsible for PrairiesCan on behalf of The Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

"This new development demonstrates our commitment to improving housing affordability in communities across Saskatchewan. The Government of Saskatchewan continues to work with the Government of Canada through the National Housing Strategy to support those in greatest housing need." ? The Honourable Gene Makowsky, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation (SHC)  

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SOURCE Canada Mortgage and Housing Corporation (CMHC)

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