This investment will support Habitat for Humanity in making homes more affordable and will help improve the quality of life for families in Saskatchewan.
Quick Facts:
- Located at 1033 Edgar Street, Haultain Crossing will contain 62 townhouse-style condominiums located in Regina's Eastview neighbourhood. The main and upper floors of each unit will total 1,216 square feet or 113 square metres.
- The Government of Canada, through Canada and Mortgage Housing Corporation (CMHC), along with the Government of Saskatchewan, through Saskatchewan Housing Corporation (SHC), jointly contributed close to $400,000 to build these homes through the Investment in Affordable Housing Agreement.
- The City of Regina has provided funding of $15,000 for each of these 10 homes for a total of $150,000.
- Private sponsors for three of the 10 units include Farm Credit Canada (FCC), Town and Country Plumbing and Heating and The Mosaic Company.
- The unit sponsored by The Mosaic Company is a partnership with Trade and Skills Construction Apprenticeship Program (TASCAP). TASCAP engages and trains high school students in a variety of construction trade areas. This is real life education for students who are onsite daily for an entire semester during the construction of the home. Qualified instructors lead students through the build from the foundation up. Students earn five credits through the program in addition to apprenticeship hours they can put towards future training in trades.
- One unit will receive funding from the "Square Foot for Habitat" initiative. This is a Habitat Regina led Checkout for Charity fundraiser running at local Regina businesses where customers can make a donation to Habitat when making purchases.
- The Province's overall commitment to Habitat for Humanity totals $9.8 million since March 2009. Of this amount, the federal and provincial governments have invested $2 million, thanks to the Social Infrastructure Fund, under the two most recent agreements between Saskatchewan and Habitat for Humanity.
- This investment also supports Saskatchewan's 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 percent of their annual gross income. To learn more about Habitat for Humanity and their work across Saskatchewan, visit www.habitat.ca.
Quotes:
"The Government of Canada is proud to be part of the critical work being done in Regina by Habitat for Humanity. When complete, Haultain Crossing will come to represent what this great province is all about: families helping other families and communities coming together to help residents in times of need. These new units will soon make the dream of homeownership a reality for 10 families and I can't wait to see how it will transform their lives." — Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness
"No matter who we are or where we come from, we all need a quality home in which to feel safe and secure every day. Our government is proud to support Habitat's important work, along with the Government of Canada and other community partners, to help Saskatchewan families in greatest housing need. We thank everyone involved in this project, and for doing their part to keep Saskatchewan strong." — Mark Docherty, Member of the Legislative Assembly for Regina Coronation Park
"The City of Regina has provided more than a $1 million of support for Habitat for Humanity over the years, and Haultain Crossing is a great example of why we work with them. Each stage of this ambitious project has introduced us to 10 worthy local families who will work towards the life-changing experience of home ownership. I am proud the City can help make that dream a reality." — His Worship Michael Fougere, Mayor, City of Regina
"Today's sod turning not only marks the start of construction on 10 more Habitat homes for low income families here in Regina, but also marks the half-way point of the largest Habitat development in Saskatchewan. At completion, Haultain Crossing will be home to 62 families. Thanks to the wonderful contributions of time and money we continue to receive from our community supporters, neighbours are helping neighbours build homes that provide a safe and affordable foundation for a better life." — Kelly Holmes-Binns, CEO, Habitat for Humanity Regina
Associated 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. For more information, please call 1-800-668-2642 or follow us on Twitter, YouTube, LinkedIn and Facebook.
- 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 over $770 million to develop or repair almost 16,000 housing units across our province. To learn more, visit www.saskatchewan.ca.
SOURCE Canada Mortgage and Housing Corporation
Media Contacts: Émilie Gauduchon, Office of Minister Duclos, 819-654-5546, [email protected]; Gabriel Teo, CMHC, 604-737-4137, [email protected]; Leya Moore, Saskatchewan Ministry of Social Services, 306-787-3610, [email protected]
Related Links
http://www.cmhc-schl.gc.ca
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