Governments Of Canada And Saskatchewan Support Habitat For Humanity In Saskatoon

Released on April 26, 2019

“Habitat Saskatoon brings communities together to help families build strength, stability and independence through affordable homeownership,” Cox-Lloyd said.  Our partnership with the Saskatchewan Government and the Government of Canada is vital to achieving this purpose.  Two Saskatoon families will have their dream of a home of their own through the assistance of these two partners and our community.”

Quick facts:

• Habitat Saskatoon is promoting this project as a youth build and has reached out to local high schools to encourage students age 16 and over to participate.  Over the course of the build, it is anticipated that approximately 350 students may be on site at various stages.
• Each partner family selected by Habitat 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. 
• The Government of Canada, through CMHC, along with the Government of Saskatchewan, SHC, are jointly contributing $130,000 to build the duplex through the 2014-2019 Investment in Affordable Housing Agreement.
• An additional $123,000 was invested by the Government of Saskatchewan through the provincial Summit Action Fund to support Habitat Saskatoon’s land purchase.
• The Government of Canada is currently rolling out its National Housing Strategy, 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 province’s overall commitment to Habitat totals $10.85 million since March 2009.  This investment supports Saskatchewan’s Housing Strategy goals of ensuring Saskatchewan people have access to affordable, safe, secure and stable housing.

• 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.