"This is the National Housing Strategy at work"
Ministers recently joined Habitat for Humanity to present 17 families with the keys to their new homes at Haultain Crossing in Regina.
Since 2009, the Government of Saskatchewan has committed more than $12 million to Habitat to develop 206 housing units in 14 communities – almost $3.5 million of which went towards the Haultain Crossing project. It is considered Habitat’s largest multi-unit family housing development in the province.
Read next: Affordable housing in Saskatchewan gets new federal boost
In addition, 14 of the 17 units received $910,000 in funding from Saskatchewan Housing Corporation (SHC), which now provides shelter for 25 adults and 45 children. The ceremony was the final phase of the 62-unit project.
The condominiums are located in Regina’s Eastview neighbourhood and span across 1,216 square feet. All the units are completed and occupied.
“Everyone deserves a safe and affordable place to call home,” Housing Minister Ahmed Hussen said. “Thanks to our partnership with all levels of governments and industry leaders, 62 families in Regina are getting a safe place to call home. This is the National Housing Strategy at work.”
Each partner family selected contributes 500 partnering hours in building their home or other Habitat homes. The house is purchased at fair market value with an interest-free, zero down-payment mortgage set at 25% of the family’s annual gross income.
Upon completion, Habitat will cover the interest-free mortgage to partner families as mortgage payments are directed toward future builds.
Read more: Regina homes have largely decreased in value since 2015
“Putting down roots is among the first steps we take in making our future goals a reality,” Lori Carr, Minister of Social Services and Minister Responsible for SHC. “That is one reason why the Government of Saskatchewan is committed to providing safe and affordable housing for those in need, alongside our incredible partners at Habitat for Humanity. I congratulate all the families at Haultain Crossing and wish them many years of happiness in their new homes.”
