Ten Regina Families Get A New Start As Homeowners With Support From Governments Of Canada And Saskatchewan

Released on November 27, 2018

• Located at 1033 Edgar Street, Haultain Crossing will contain 62 townhouse-style condominiums upon completion.  Together, the main and upper floors of each home will total 1,216 ft2 or 113 m2.  Homes assigned to larger families will have a partially finished basement.
• The Government of Canada, through CMHC, along with the Government of Saskatchewan, through SHC, jointly contributed $400,000 toward the project under the Canada-Saskatchewan Investment in Affordable Housing Agreement.
• The City of Regina provided funding of $15,000 for each of the 10 homes for a total of $150,000.
• Lead private sponsors for the 10 units include Farm Credit Canada, Town and Country Plumbing and Heating, and The Mosaic Company (Mosaic).
• Mosaic directed $50,000 toward the purchase of materials for one unit that Habitat and the Trade and Skills Construction Apprenticeship Program (TASCAP) partnered together on.  This partnership engages and trains high school students during the construction of some Haultain Crossing units.
• TASCAP is real-life education for students who are on site daily for an entire semester during the construction of the home.  Qualified instructors lead students through the build from the foundation up.  Students earn high school credits through the program in addition to apprenticeship hours they can apply against future trades training.
• 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.
• The province’s overall commitment to Habitat totals $10.85 million since March 2009.  This total includes $1 million announced with the 2018-19 provincial budget, with funding from the Canada-Saskatchewan Investment in Affordable Housing Agreement.
• This investment also supports Saskatchewan’s Housing Strategy and Poverty Reduction Strategy goal of ensuring Saskatchewan people have access to affordable, safe, secure and stable housing.
• Each partner family selected by Habitat for Humanity contributes 500 partnering hours in building their home or other Habitat homes.  The family purchases their home at fair market value, paying an interest-free, zero down-payment mortgage set at 25 per cent of their annual gross income.  Upon completion, the affordable no-interest mortgage is provided by Habitat to partner families with mortgage payments going back for future builds.  To learn more about Habitat for Humanity and their work across Saskatchewan, visit www.habitat.ca. 

• 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 visit www.cmhc.ca or follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.  To find out more about the National Housing Strategy, visit www.placetocallhome.ca. 
• In 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 $780 million to develop or repair more than 16,000 housing units across our province.  To learn more, visit www.saskatchewan.ca.