Posted by Moishe Alexander
A seniors’ housing project featuring 12 new affordable rental units officially opened today in the Town of Hanley. The funding for the project is $648,000 and was provided by the Government of Canada, the Province of Saskatchewan and the Town of Hanley.
The announcement was made today by the Honourable Lynne Yelich, Minister of State for Western Economic Diversification, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); Greg Brkich, Member of the Legislative Assembly for Arm River – Watrous, on behalf of the Honourable Donna Harpauer, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation; and Marvin Gerbrandt, Mayor of Hanley.
“The Government of Canada is helping make affordable housing available in Saskatchewan and across Canada for those who need it the most,” said Minister Yelich. “These new units in Hanley are helping seniors access safe and suitable housing, and build a stronger future for themselves.”
“Our government is committed to providing affordable housing and housing services for the people of Saskatchewan, including seniors who helped build this province,” said MLA Brkich. “By working together with both levels of government and community partners, we are working to help meet various housing needs in Saskatchewan communities and building brighter futures and sustainable communities.”
“The Town of Hanley is proud of the opportunity to have provided seniors with affordable housing following the construction of a complex consisting of 12 two-bedroom suites,” said Mayor Gerbrandt. “Through this project, we have enabled the seniors of our community to stay in Hanley while encouraging other seniors to take advantage of what our town has to offer.”
The project consists of two buildings which were renovated into 12 two-bedroom rental units for low and moderate-income seniors, both singles and couples. The total capital cost of the project is approximately $1,200,000. Of that amount, the three levels of government provided $648,000 in the following manner: $324,000 from the federal government; $259,200 from the Province of Saskatchewan; and $64,800 from the Town of Hanley. The funding balance was provided in the form of mortgage financing (Saskatchewan Elks Foundation) and land contribution (Town of Hanley).
In 2008, the Government of Canada committed more than $1.9 billion over five years to improve and build new affordable housing and to help the homeless. Canada’s Economic Action Plan builds on this with an additional one-time investment of more than $2 billion over two years in new and existing social housing, plus up to $2 billion in loans to municipalities for housing-related infrastructure.