Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Government of Saskatchewan

Government of Saskatchewan

May 25, 2016 11:54 ET

Construction of Family Housing Project Underway in Regina

REGINA, SASKATCHEWAN--(Marketwired - May 25, 2016) - The Government of Canada and the Province of Saskatchewan, along with other community partners, officially announced funding for the construction of a housing project for families with complex needs. The 14-unit project, which will include support services and programs provided by Foxvalley Counselling Inc. (Foxvalley), will be owned by Silver Sage Holdings Ltd. (Silver Sage).

The Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, on behalf of Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Muhammad Fiaz, Member of the Legislative Assembly for Regina Pasqua, on behalf of the Honourable Donna Harpauer, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation (SHC), and Edmund Bellegarde, Silver Sage Holdings Ltd. Board Chair, made the announcement today.

Quick facts:

  • Located at 5525 Dewdney Avenue in Regina, the project consists of eight two-bedroom and six three-bedroom units. Each two-bedroom unit is 668 square feet (62.1 square meters) and the three-bedroom units average 864 square feet (78.8 square meters).

  • The Federal and Provincial Governments, through CMHC and SHC, are jointly contributing $1.3 million towards the 14 units under the Canada-Saskatchewan Investment in Affordable Housing (2014-2019) Agreement.

  • The Provincial Government through Ministry of Social Services' Child and Family Programs is contributing $500,000 to support the Foxvalley Supportive Apartment Family Living Program (SAFLP). Together with Silver Sage, Foxvalley designed the building to meet client and programming needs.

Quotes:

"Our Government is dedicated to helping those in need, which is why we are proud to have invested in this project in Regina. These new 14 units are more than just safe and affordable places to live, they are key to a better life for the families who will soon call them home." - Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness

"I want to congratulate everyone involved with making this project a reality for Saskatchewan families in greatest housing need. As a result of these funding partnerships, 14 families will soon live in safety and comfort in quality homes with the supports they require." - Muhammad Fiaz, Member of the Legislative Assembly for Regina Pasqua, on behalf of the Honourable Donna Harpauer, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation

"The Foxvalley Partnership project addresses a real need in our community to provide a safe place for families in transition. We have families in our community who are in the process of re-establishing relationships with their children and simply need a safe, affordable place to live. We see this partnership as one of many paths to healing, and a way to honour that relationship with our future generations." - Edmund Bellegarde, Board Chair, Silver Sage Holdings Ltd.

Associated links:

  • CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada's authority on housing, we contribute to the stability of the housing market and financial system, provide support for Canadians in housing need, and offer unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of our operations. For more information, please call 1-800-668-2642 or visit www.cmhc.ca.

  • In October 2012, the Government of Saskatchewan released the Saskatchewan Plan for Growth: Vision 2020 and Beyond, which sets out the Government's vision for a province of 1.2 million people by 2020. The Plan identifies principles, goals and actions to ensure Saskatchewan is capturing the opportunities and meeting the challenges of a growing province. Since 2007, the Government of Saskatchewan has invested almost $700 million to develop and repair more than 14,600 homes around the province.

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