Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.
Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.
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Released on September 19, 2011
The Province of Saskatchewan, University of Saskatchewan and the City of Saskatoon today officially opened a new undergraduate student residence in College Quarter.
The province, through Saskatchewan Housing Corporation, provided $15 million in funding towards the first phase of the project, with an additional $600,000 contributed by the City of Saskatoon. The total project cost is approximately $36 million, with the balance of funding covered through mortgage financing. With the addition of Phase II currently under construction, and the graduate residence currently in planning, the initial $15 million Government of Saskatchewan investment has become part of over $105 million in new housing for a total of over 1,000 beds.
"Our government is proud to be a part of this exciting project," Advanced Education, Employment and Immigration Minister Rob Norris said on behalf of Social Services Minister and Minister responsible for Saskatchewan Housing Corporation June Draude. "This residence will address the immediate need for affordable student housing on campus and, most importantly, allow students to focus on pursuing their educational goals. This project is a concrete example of our recently released Housing Strategy for Saskatchewan in action, and our commitment to improving the quality of life of Saskatchewan people."
"Today we celebrate the latest milestone of this residence project, as students have moved in and made it their home," University of Saskatchewan President Peter MacKinnon said. "About 320 students have settled in already, and we look forward to completing the second phase of this project, making room for 800 students when it is complete in September 2012. Partnerships with the province, the City of Saskatoon and private donors have made it possible for us to build new residences and make considerable progress toward our overall goal of housing approximately 15 per cent of our students."
"The City of Saskatoon is pleased to participate in the College Quarter project through its commitment of $5,000 per door under the Rental Land Cost Rebate Program," Saskatoon Mayor Donald Atchison said. "The goal of this program is to realize up to 1,000 more rental units across Saskatoon which will help to alleviate the challenges that students face in a strong, vibrant and growing city. By working together and supporting more on-campus student housing at the University of Saskatchewan, we can make a difference."
Innovative initiatives such as the Rental Construction Incentive, the Affordable Home Ownership Program and the Headstart on a Home program support Saskatchewan's growing population and support the goal that housing is accessible to all Saskatchewan residents. In March, the province announced the Saskatchewan Advantage Housing Plan which committed $252 million in funding over the next five years. Since March, the province's investments in housing increased to $310 million with the announcements of the Summit Action Fund and the Investment in Affordable Housing Agreement recently signed with the federal government.
The new student residence is part of an apartment-style, five storey, 800-bed complex across four buildings. Phase I, nearly complete, will create 400 new student beds in two buildings. Each building consists of one- to four-bedroom furnished suites, kitchens and living spaces.
College Quarter is located off-campus on University of Saskatchewan property, south of College Drive, north of 14th Street and east of Cumberland Avenue in Saskatoon.
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For more information, contact:
Linda Saliken
Social Services
Regina
Phone: 306-787-0246
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