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Federal government invests in more than 780 affordable homes in Saskatchewan

Saskatoon, Saskatchewan, August 2, 2024

Today, the federal government announced more than $36 million in contributions and low-cost loans through the Affordable Housing Fund (AHF) to help build and repair 788 affordable homes in Saskatchewan.

The announcement was made by the Honourable Dan Vandal, Minister of Northern Affairs and Minister responsible for PrairiesCan and CanNor on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities.

It took place at 727 Hart Road in Saskatoon which received $23.6 million to build 73 new homes and will be operated by Camponi Housing Corp. and SaskNative Rental Inc. The project will create a self-contained community specifically tailored for Métis and First Nations Peoples. These affordable, energy-efficient townhouses will have 1 to 4-bedroom units. They will offer on-site social, medical, and financial support services. Additionally, the location provides quick access to major highways, urban areas with amenities, and is near public transit.

Also announced today were agreements between the federal government and Buffalo River Dene Nation, the City of Humboldt, the Town of Moosomin, and the Town of Outlook to fast track a combined total of over 140 housing units over the next three years through the Housing Accelerator Fund (HAF). This work will help spur the construction of more than 560 homes over the next decade.

These agreements will provide a combined total of nearly $5.5 million to eliminate barriers to building the housing we need, faster across these four communities.

HAF is helping cut red tape and fast track at least 100,000 permitted new homes over the first three years, which communities estimate will lead to the creation of over 750,000 permitted new homes for people across Canada over the next decade. It asks for innovative action plans from local governments, and once approved, provides upfront funding to ensure the timely building of new homes, as well as additional funds upon delivering results. Local governments are encouraged to think big and be bold in their approaches, which could include accelerating project timelines, allowing increased housing density, and encouraging affordable housing units.

In Budget 2024, the federal government committed an additional $400 million to incentivize more local governments to fast-track home construction, resulting in an additional 12,000 new homes permitted over the next four years.

The Government of Canada is making life more affordable for Canadians — and housing is key to our work. We will continue to work with provincial, territorial, and municipal governments, as well as Indigenous partners, to keep building more homes for Canadians, faster.

A detailed list of all the projects that received funding under the AHF and HAF is provided in an appendix to this release.

Quotes:

“Everyone deserves a place to call their own and through the National Housing Strategy’s Affordable Housing Fund and Housing Accelerator Fund, we’re helping make that a reality for Canadians. We will keep investing in housing projects like the ones announced today, and working with partners across the country, to end the housing crisis.”
— The Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities
“Here in Saskatchewan and across the country, we’re tackling the housing crisis by investing in affordable housing and partnering with local communities to make construction easier. By working together, we’re making sure every Canadian has an affordable place they can call home.”
— The Honourable Dan Vandal, Minister of Northern Affairs and Minister responsible for PrairiesCan and CanNor

Quick facts:

  • The Affordable Housing Fund (AHF) investment announced today are helping create a total of 73 new homes and is leading to the repairs of 715 homes.
  • AHF provides funding through low-interest and/or forgivable loans or contributions to help build new affordable homes and renovate and repair existing, affordable and community housing.
  • Through the 2023 Fall Economic Statement, the government announced an additional $1 billion for the Affordable Housing Fund, bringing the total funding to over $14 billion. To further support non-profit, co-operative, and public housing providers and respond to the needs of those most impacted by the housing crisis, Budget 2024 committed an additional $1 billion to the fund.
  • This program under the National Housing Strategy (NHS) gives priority to projects that help people who need it most, including women and children fleeing family violence, seniors, Indigenous peoples, people living with disabilities, those with mental health or addiction issues, veterans, and young adults.
  • NHS is an $82+ billion plan to give more Canadians a place to call home. Progress on programs and initiatives are updated quarterly at www.placetocallhome.ca. The Housing Funding Initiatives Map shows affordable housing projects that have been developed..
  • As of March 2024, the federal government has committed $50.97 billion through the NHS to support the creation of over 146,000 units and the repair of over 286,000 units.
  • Launched in March 2023, the Housing Accelerator Fund is a $4.4 billion initiative under the NHS that will run until 2027 – 28. The first round of funding totalled $4 billion, and Budget 2024 added an additional $400 million to this program.
  • Please visit the Housing Accelerator Fund website for more details.
  • In the process to allocate the additional funding received through Budget 2024, the Government of Canada will negotiate an agreement with Quebec that will further accelerate housing and provide more funding for affordable housing in the province.
  • On April 12, 2024, the federal government released Solving the housing crisis: Canada’s Housing Plan, supported by new investments proposed in Budget 2024.
  • To support the Government’s work to grow housing supply and address the need for more affordable and rental homes, CMHC is implementing the Frequent Builder framework.
  • The Frequent Builder framework will help expedite applications for the Affordable Housing Fund and the Apartment Construction Loan Program. The Frequent Builder status is given to existing housing providers with a proven track record of building multi-residential units. Different criteria apply to Governments, non-profit and for-profit organizations to qualify for Frequent Builder status.
  • Frequent Builders may receive benefits such as priority treatment, a streamlined process through intake, underwriting and approval stages, underwriting and advancing flexibilities, as well as the possibility of funding commitments for future years which will allow funding predictability and better planning for their pipeline of projects.

Additional information:

Visit Canada.ca/housing for the most requested Government of Canada housing information.

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 everyone in Canada has a home they can afford and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.

To find out more about the National Housing Strategy, please visit www.placetocallhome.ca.

For information on this news release contact:

Micaal Ahmed
Office of the Minister of Housing, Infrastructure and Communities
micaal.ahmed@infc.gc.ca

Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca

Appendix 1: Projects receiving funding under AHF
Project Region/City Funding Units
UI560 Affordable Renovations Prince Albert $2,583,408 50
Hart Road Affordable Housing Saskatoon $23,600,322 73
Regina Transition House Regina $40,052 27
CTK Revitalization Project Sintaluta $930,000 5
Shelter Melfort $371,420 21
Ahtahkakoop Cree Nation Repairs Shell Lake $150,000 10
Makwa Sahgaiehcan First Nation Repairs Loon Lake 235 $150,000 10
Montreal Lake Repairs Montreal Lake 106 $150,000 10
Red Earth Cree Nation Repairs Red Earth 29 $30,000 10
Flying Dust First Nation Repairs 2 Meadow Lake 105A $150,000 10
Cumberland House Cree Nation Repairs 2 Cumberland House Cree Nation 20 $150,000 10
Lac La Ronge Repairs La Ronge $150,000 10
One Arrow First Nation Repairs One Arrow 95 $225,000 15
Cowessess First Nation Repairs 2 Cowessess 73 $360,000 24
Yellow Quill First Nation Repairs Yellow Quill 90 – 9 $150,000 10
Saulteaux First Nation Repairs Cochin $150,000 10
Pelican Lake First Nation Repairs Leoville $150,000 10
Ministikwan Lake Cree Nation Repairs 2 Island Lake $150,000 10
Muskoday First Nation Repairs Muskoday First Nation $150,000 10
Mosquito, Grizzly Bear's Head, Lean Man First Nations Repairs Rosemount No. 378 $150,000 15
Standing Buffalo First Nation Repairs Fort Qu'Appelle $300,000 20
Mistawasis Nêhiyawak Repairs 2 Leask $150,000 10
Zagime Anishinabek First Nation repairs Grenfell $150,000 10
Onion Lake Cree Nation Repairs 2 Onion Lake 119 – 1 $150,000 10
Whitecap Dakota First Nation repairs Whitecap $210,000 14
White Bear repairs White Bear 70 $300,000 20
Canoe Lake Cree First Nation Repairs 2 Canoe Lake 165 $150,000 10
Red Pheasant repairs Red Pheasant 108 $600,000 40
Sturgeon Lake First Nation repairs Sturgeon Lake 101 $495,000 47
Kawacatoose First Nation Repairs Raymore $165,000 11
Star Blanket Cree Nation Repairs Balcarres $165,000 11
Muskeg Lake Cree Nation #102 Repair Muskeg Lake Cree Nation 102 $150,000 10
Red Pheasant Repairs Red Pheasant 108 $75,000 5
Poundmaker Cree Nation Repairs Cut Knife $105,000 7
Keeseekoose Repairs Kamsack $105,000 7
Ochapowace First Nation repairs Ochapowace 71 $150,000 10
White Bear First Nation Repairs Carlyle $165,000 11
Peter Ballantyne Cree Nation Repairs Prince Albert $255,000 17
Piapot First Nation Repairs Piapot 75 $105,000 7
Cote First Nation Repairs Kamsack $105,000 7
Fond du Lac Repairs Fond du Lac 227 $75,000 5
Flying Dust First Nation Repairs Meadow Lake 105A $105,000 7
Cowessess Repairs Cowessess 73 $120,000 8
Big Island Lake Cree Nation Repair Big Island Lake Cree Territory $120,000 8
Ahtahkakoop Repair Ahtahkakoop 104 $120,000 8
Cumberland House Cree Nation Repairs Cumberland House Cree Nation 20 $120,000 8
Canoe Lake Cree First Nation Repairs Canoe Lake 165 $120,000 8
Waterhen Lake First Nation repairs Waterhen 130 $135,000 9
Ministikwan Lake Cree Nation Repairs Ministikwan 161 $225,000 15
Mistawasis Nehiyawak Repairs Leask $180,000 12
George Gordon First Nation Repairs Punnichy $300,000 20
Onion Lake Cree Nation – Indigenous Repair Onion Lake 119 – 1 $255,000 17
Thunderchild First Nation Repairs – 29 units Thunderchild First Nation $435,000 29
Total $36,300,201.80 788
Appendix 2: Communities receiving funding under HAF
Community Funding Expected units over 3 years Expected units over 10 years
Buffalo River Dene Nation, SK $1,298,000 22 35
City of Humboldt, SK $2,298,000 63 340
Town of Moosomin, SK $992,000 36 124
Town of Outlook, SK $907,000 23 69
Total $5,495,000.00 144 568

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Date Published: August 2, 2024

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