Based on the degree to which the social outcome is met, the Government of Saskatchewan reimburses or does not reimburse the investors. The success of the social outcome being met will be measured by an independent assessor at the end of the second, fourth and fifth years of the agreement.
The Sweet Dreams project is expected to result in savings to the Government of Saskatchewan of between $540,000 and $1.5 million over five years. These savings are based on the cost of children in care of the minister of Social Services. This figure does not include any other potential savings related to health, criminal justice and any future social assistance.
The home for the Sweet Dreams project has also received funding from the Government of Canada’s Homelessness Partnering Strategy ($320,000), the City of Saskatoon ($140,000), and other private donors ($75,000).
“Every child deserves to live in a safe and secure environment and Sweet Dreams provides that,” Saskatoon Mayor Donald Atchison said. “We are a city that has led the way in attainable housing solutions, and this unique co-operative venture with public and private partners is another example of how working together we can give every child and every family an opportunity to thrive and succeed.”
Sweet Dreams is expected to house between eight and 11 adults and eight to 15 children, depending on the composition of the participating families. Mothers and their children will participate in the program for a minimum of two months to a maximum of two years, depending on the level of support required.
“As the name implies, every mother will have a safe environment in which to kiss their child good night and tell them to have Sweet Dreams,” EGADZ A/Executive Director Don Meikle said. “This home will utilize full community support to enhance services and support and allow mothers and children the advantage of full citizenship in our province.”
Sweet Dreams will support mothers in their education and entry into the workforce for meaningful, long-term employment, thereby securing a better quality of life for their families, which is a vision under the Saskatchewan Plan for Growth.
To find out more about EGADZ and its programs, please visit http://www.egadz.ca.
To learn more about Conexus Credit Union, please visit https://www.conexus.ca
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