Released on October 12, 2022
A new home is now complete for a Habitat for Humanity family in Prince Albert thanks to investments from the Governments of Canada and Saskatchewan.
Today, Ahmed Hussen, Minister of Housing and Diversity and Inclusion, and Alana Ross, Member of the Legislative Assembly for Prince Albert Northcote, on behalf of Social Services Minister and Minister Responsible for Saskatchewan Housing Corporation (SHC) Gene Makowsky, joined Habitat for Humanity representatives and community members to present a Prince Albert family with the keys to their new home.
The project is a five-bedroom raised bungalow that is approximately 1,175 square feet or 109 square metres in size.
The Government of Canada provided a $32.4 million financial commitment over three years (2019-2021) to Habitat for Humanity Canada and its affiliate organizations including Habitat for Humanity Saskatchewan. SHC provided $65,000 in funding toward the project through the federal/provincial Investment in Affordable Housing Agreement and the Summit Action Fund.
The Habitat for Humanity model of affordable homeownership bridges a gap for people who face barriers to homeownership and would not otherwise qualify for a traditional mortgage. Local Habitat for Humanity organizations in every province and territory across Canada help build and rehabilitate decent and affordable homes, from single-family houses to multi-unit developments. With the help of volunteers and donors, Habitat helps families build their own homes and pay an affordable mortgage geared to their income. Safe, decent and affordable homeownership plays a critical role in helping families build a foundation for a life with better choices and more opportunities.
“Every Canadian deserves a safe and affordable place to call home," said Hussen. "Across the country, we are working with partners, like Habitat for Humanity, to make a real difference in the lives of Canadian families. Here in Prince Albert, the investment in this new home will provide a hard-working family a place they can proudly call their own. It is my hope that this new home will help give this family a chance at a better future.”
"Habitat for Humanity supports Saskatchewan families by offering those in need the life-changing opportunity of homeownership," Ross said. "These new homes will serve as the foundation for this local family to create memories, reach their goals and build an even brighter future in our community. The Government of Saskatchewan is proud to continue working alongside our partners at Habitat Saskatchewan to make affordable housing more accessible and to support families in housing need."
"Habitat for Humanity Saskatchewan has provided another family in Prince Albert with a forever home and an opportunity to build a brighter future for their children in Saskatchewan through affordable homeownership," Habitat for Humanity Saskatchewan CEO Denis Perrault said. "We are extremely proud of completing another build and we look to the future with excitement as we continue to build safe, decent, and affordable homes across the province. This project was made possible with the support of many valued partners, donors, community members, staff, and volunteers, as well as our partners at the federal and provincial governments."
Quick facts:
- The Government of Canada announced a $32.4 million financial commitment over three years (2019-2021) to Habitat for Humanity Canada and its affiliate organizations. With this commitment by the National Housing Co-Investment Fund (NHCF), a pillar initiative of the National Housing Strategy (NHS), and the work of Habitat for Humanity and its affiliate organizations, approximately 405 new homes will be created and approximately 105 units will be repaired and renewed supporting lower income families in communities in every province and territory across Canada.
- Including this project, SHC has invested $1.35 million into Habitat projects in Prince Albert.
- All funding provided under the Investment in Affordable Housing Agreement is cost-shared 50/50 by the federal and provincial governments across a broad spectrum of programs.
- 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.
- Pursuant to the National Housing Strategy (NHS), the Canada-Saskatchewan Bilateral Agreement will invest $449.9 million over the next 10 years, cost matched by the federal and provincial governments, in housing across the province. The Governments of Canada and Saskatchewan have reached an agreement on the first three-year action plan.
- Canada's National Housing Strategy (NHS) is a 10-year, $72+ billion plan that will give more Canadians a place to call home.
Related links:
- 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. CMHC's aim is that by 2030, everyone in Canada has a home they can afford, and that meets their needs. For more information, please visit 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.
- Under the Canada-Saskatchewan Bilateral Agreement, housing is a key priority in providing a better quality of life for Saskatchewan families and communities. Since 2007, the Government of Saskatchewan, through SHC, has invested $786 million to develop more than 12,000 housing units and repair nearly 5,500 homes. SHC has also invested more than $61 million to build nearly 300 units in residential care homes, and $430 million to improve provincially-owned housing. To learn more, visit www.saskatchewan.ca.
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For more information, contact:
Arevig Afarian
Office of the Minister for Housing and Diversity and Inclusion
Email: arevig.afarian@infc.gc.ca
Media Relations
Canada Mortgage and Housing Corporation
Email: media@cmhc-schl.gc.ca
Media Relations
Social Services
Regina
Phone: 306-787-3610
Email: mediamss@gov.sk.ca