Affordable Housing Development
Expression of Interest
Saskatchewan Housing Corporation (SHC) is seeking proposals for the development of affordable rental housing projects from organizations with expertise in developing rental housing projects and/or providing support services for hard-to-house households (households that have difficulty obtaining or maintaining stable housing because of disability, addictions, or mental health conditions).
Projects may be new construction, conversion or acquisition and renovation. Two or more organizations may form a partnership and submit one proposal.
Target clients must have before-tax annual household incomes at or below the income limits established by SHC.
Contact the SHC for more information or assistance completing your EOI proposal. If you want to apply but have questions, we recommend you contact SHC at least two weeks before the closing date.
Closing date: April 17, 2025
1. Funding
The funding for this Request for EOI is available under the Rental Development Program (RDP) and the Shelter Enhancement Program (SEP).
The RDP provides one-time capital funding to assist in the development of affordable rental units for households with low incomes. The RDP provides a forgivable loan of up to 70 per cent of the total eligible capital cost.
The SEP provides financial assistance to organizations to help them build new or repair existing emergency shelters and second-stage housing for victims of family violence so that these projects meet health, safety, and security standards. Eligible sponsors may receive up to 100% of the project capital costs.
Benefits
For clients:
- provides affordable housing for people who have the greatest difficulty obtaining or maintaining suitable, adequate or affordable housing; and/or
- provides support services and/or barrier-free and accessible units for tenants.
For eligible organizations:
- provides an opportunity for organizations to increase their rental stock; and
- provides an opportunity to offer housing and support services to hard-to-house clients.
2. Eligibility
Eligible organizations include:
- the community housing sector, such as non-profit housing organizations and rental cooperatives;
- community-based service providers;
- municipal governments and their agencies;
- Indigenous governments and organizations, which include First Nations Bands, Tribal Councils and Métis organizations; and
- private entrepreneurs, builders and developers.
Applicants may partner with other organizations, including property management companies, to make the project sustainable.
The project must be targeted to clients who:
- have difficulty leasing or maintaining secure housing; and
- have incomes at or below the Saskatchewan Housing Income Maximum (SHIM).
SHIM-Low*
| One-Bedroom | Two-Bedroom | Three-Bedroom | Four-Bedroom | |
| With Disability | $50,000 | $62,700 | $73,000 | $96,000 |
| No Disability | $43,500 | $54,500 | $63,500 | $83,500 |
*As of July 1, 2024 (subject to change)
3. How to Apply
Submit the completed three-page proposal to SHC by email at EOI.SHC@gov.sk.ca by the closing date with the following information:
- physical characteristics of your proposed project—or If the request is for a partnership with SHC, the physical characteristics of the units you are seeking;
- demographics of the targeted tenant, including estimated income levels;
- the support services that will be provided to clients (if applicable);
- partnerships with other service or housing agencies (if applicable);
- community where the project will be located;
- evidence of need and demand for the project;
- details on the long-term financial viability of the project;
- estimated budget; and
- funding requested from SHC, including which program (Rental Development Program, or the Shelter Enhancement Program).
Proposals must also include the organization’s:
- contact information; and
- capacity and experience developing and operating housing.