Released on September 27, 2011
A new rental housing project is underway in Prince Albert, thanks to approximately $450,000 in funding through Saskatchewan Housing Corporation. The project is being undertaken by the Prince Albert Community Housing Society Inc. (PACH) to help meet significant housing need among seniors of Métis ancestry in the community.
"Our goal is to strengthen Saskatchewan's housing system, support a growing population and ensure housing is accessible to everyone," Municipal Affairs Minister Darryl Hickie said on behalf of Social Services Minister and Minister responsible for Saskatchewan Housing Corporation June Draude. "These new homes will make a real and lasting difference for seniors and help increase housing supply, which are two goals of our government's recently announced Housing Strategy for Saskatchewan and action plan."
"PACH is committed to increasing the number of affordable rental units in Prince Albert," Prince Albert Housing Society Inc. Manager Linda Boyer said. "The need is great not only for families, but also for an increasing number of seniors and single adults. In 2010, PACH secured land in anticipation of available funding for future projects. A proposal was submitted to Saskatchewan Housing Corporation, and we are very pleased to have this four-unit senior garden apartment project approved."
The total cost of the project is about $644,000. The province is contributing about $450,000, with PACH providing the funding balance of approximately $193,000. The project will consist of four single-storey, two-bedroom rental units directed at Métis seniors' households of low- to moderate-income. It is expected that the homes will be ready for occupancy in spring 2012. These four new units will add to the 10 units currently under construction in Prince Albert. In addition, since November 2007, 114 new rental units in Prince Albert have been completed and funded by the Province of Saskatchewan.
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.
Prince Albert Community Housing Society Inc., an active non-profit corporation established in 1977, owns and manages a housing portfolio of 330 rental units housing approximately 1,100 Métis adults and children in Prince Albert.
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For more information, contact:
Linda Saliken
Social Services
Regina
Phone: 306-787-0246