New Rental Housing for Individuals and Families in Saskatoon

Released on June 25, 2018

“An investment in housing is an investment in the future success of our community,” Clark said.  “A safe and secure home is of vital importance for a strong quality of life, and the opening of this facility today is a life-changing milestone for 26 people and families.  It helps to create a community where all people can find success.  I would like to thank Quint Development Corporation and the federal and provincial governments for helping to bring this important project to life in Saskatoon.”

“Quint’s Affordable Housing Program is expanding in order to meet the pressing need for family-sized safe and affordable rental housing in Saskatoon,” Crawford said.  “In addition, this infill development will significantly improve the aging housing stock and strengthen and revitalize this neighbourhood in Pleasant Hill.  It is very gratifying hearing the excitement and anticipation of the families as they get the keys to their new homes.  Quint is thankful to all of our partners in this project who have helped us respond to this pressing need in the city.”

Quick facts:

• The Government of Canada, through CMHC, and the Government of Saskatchewan, through SHC, jointly contributed approximately $3.19 million to the project through the Canada-Saskatchewan Investment in Affordable Housing 2014-2019 Agreement.
• The City of Saskatoon contributed $557,000 in funding plus additional incentives toward the project.
• Quint provided about $1.7 million in the form of cash equity and mortgage financing.  Named Oski Mācipayin (meaning “New Beginning” in Plains Cree language), the project consists of 26 new townhouse units—eight one-bedroom units (493 ft² or 45.8 m²), 10 three-bedroom units (1,064 ft² or 98.84 m²), six four-bedroom units (1,475 ft² or 137.03 m²) and two four-bedroom accessible units (1,912 ft² or 177.63 m²) in the core neighbourhood of Pleasant Hill, and is located at 1409 21st Street West in Saskatoon.
• The Government of Canada is currently rolling out its National Housing Strategy (NHS)—an ambitious 10-year, $40 billion plan that will create 100,000 new housing units and lift 530,000 families out of housing need as well as repair and renew more than 300,000 housing units and reduce chronic homelessness by 50 per cent.
• The NHS is built on strong partnerships between federal, provincial and territorial governments, and on continuous engagement with others, including municipalities, Indigenous governments and organizations, and the social and private sectors to make a meaningful difference in the lives of Canadians.
• This investment supports the province’s Housing Strategy and Poverty Reduction Strategy by ensuring Saskatchewan people in greatest need have access to affordable, safe, secure and stable housing.
• 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 to residents of these neighbourhoods.  Quint owns and operates 94 affordable housing units and also provides additional services through their Eviction Prevention Program, which focuses on stabilizing low-income families.

• 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 all levels of Canadian government, consumers and the housing industry. For more information, please call 1-800-668-2642 or follow us on Twitter, YouTube, LinkedIn and Facebook.
• 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 more than $770 million to develop or repair almost 16,000 housing units across our province.  To learn more, visit www.saskatchewan.ca.