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Rental Development Program

The Rental Development Program (RDP) provides one-time capital funding to assist in the development of affordable rental housing units for households with low incomes. The RDP is funded by Canada Mortgage and Housing Corporation (CMHC) and Saskatchewan Housing Corporation (SHC).

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1. Funding

The RDP provides a forgivable loan up to 70 per cent of the total eligible capital cost.

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2. Eligibility

Sponsors are eligible to apply if they:

  • are an incorporated organization or company, registered in Saskatchewan and in good standing with SHC;
  • can demonstrate they practice good governance and have the capacity and resources to deliver the proposed services, or have the support/partnership from a recognized agency to ensure the delivery of services;
  • can contribute a minimum of 30 per cent of the total capital cost of the project; and
  • have demonstrated that their project’s housing units are both targeted and affordable to households with an annual gross household income at or below the Saskatchewan Household Income (SHIM)-Low:
  One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom
Disability  $43,700  $53,500  $64,400  $77,100
No Disability  $43,700  $46,500  $56,000  $67,000

*As of July 1, 2021 (subject to change) 

Important:

  • RDP applies to off-reserve housing only; and
  • RDP provides funding to maintain affordable rent and is not a source of funding for support services.

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3. How to apply

Project proposals are accepted year-round. However, funding for the RDP will only be allocated during the EOI proposal uptake window.

Proposals are currently being accepted for Affordable Housing Development.

  1. Download the EOI application form (see below).
  2. Complete the application form.
  3. Email the completed application form and required documents to: EOI.SHC@gov.sk.ca
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4. Further Information

Contact SHC at 1-866-245-5758 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.

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