Affordable Housing Development
Expression of Interest
Saskatchewan Housing Corporation (SHC) is seeking proposals for:
- the development of affordable rental units in the Northern Saskatchewan Administration District.
Applicants should be organizations with expertise in developing and managing rental housing projects for hard-to-house households (households that have difficulty obtaining or maintaining stable housing because of disability, addictions, or mental health conditions.
Organizations are invited to submit a three-page proposal outlining their project to SHC. SHC will evaluate proposals and invite successful organizations to submit a full application for capital funding.
Opening date: February 1, 2024
Closing date: 5 p.m., February 29, 2024
1. Funding
The funding for this Request for EOI is from the Rental Development Program (RDP). 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.
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, for project sustainability and submit a joint proposal with the partner organization.
The project must be targeted to clients who:
- have difficulty obtaining or maintaining secure housing.
- live in the Northern Saskatchewan Administration District;
- have incomes not exceeding the Saskatchewan Housing Income Maximum (SHIM)-Low.
SHIM-Low*
One-Bedroom | Two-Bedroom | Three-Bedroom | Four-Bedroom | |
Disability | $46,600 | $57,500 | $68,400 | $89,100 |
No Disability | $40,500 | $50,000 | $59,500 | $77,500 |
*As of July 1, 2023 (subject to change)
3. How to Apply
Submit your completed three-page proposal to SHC by email at EOI.SHC@gov.sk.ca by February 29, 2024, 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;
- how the project aligns with government priorities identified in The Mental Health and Addictions Action Plan, The Saskatchewan Disability Strategy or The Poverty Reduction Strategy;
- details that demonstrate the long-term financial viability of the project; and
- the estimated budget.
Proposals must also include the organization’s:
- contact information; and
- capacity and experience developing and operating housing.
4. Further Information
Contact SHC at 1-866-245-5758 or EOI.SHC@gov.sk.ca 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.