Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to...
-
Upload
jordan-dickerson -
Category
Documents
-
view
214 -
download
0
Transcript of Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to...
![Page 1: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/1.jpg)
Saskatchewan Housing Corporation (SHC)
Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress
Don Allen, PresidentMay 2, 2013
Ottawa
![Page 2: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/2.jpg)
Affordable Homeownership
• Recognized as an important part of housing continuum in Saskatchewan’s Housing Strategy– Consulted with hundreds of
organizations and individuals– One of the common themes:
“One size does not fit all”
2
![Page 3: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/3.jpg)
Saskatchewan’s Home Ownership Approach
• Multiple programs each with different focus– Builders (e.g. HeadStart on a Home)– Owners (e.g. Secondary Suites for both
new construction and retrofit; Habitat for Humanity)
– Municipalities (e.g. Affordable Homeownership Program)
– All support new construction or conversion from non-residential to residential use
3
![Page 4: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/4.jpg)
Affordable Homeownership Program (AHOP)
• One program but not a one size fits all program
• Municipalities design the program that works for them– Province limits its financial
contribution based upon cost matching
– Province targets to incomes below a certain amount (currently $66,500)
4
![Page 5: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/5.jpg)
AHOP Examples of Different Municipal Designs
• Discounted prices on municipally owned land
• One-time cash grants• Property tax abatements• Any of the above
• Provincial funding is a grant; no requirement to pay back.
5
![Page 6: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/6.jpg)
AHOP Results
• Have committed $3.8 million in provincial funding for 800 units
• 7 communities have applied for and been approved for funding
• Saskatoon is the largest participating community, was first with a program and has been the most active– 145 units completed so far
6
![Page 7: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/7.jpg)
7
Challenges with AHOP
• Municipal capacity• Very helpful for municipalities already
moving in this direction• More challenging for those just
beginning on a new home owner program
• Some municipalities didn’t increase the benefit to the client
![Page 8: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/8.jpg)
Conclusion
• As part of 5 year housing plan, including all homeownership programs since March 2011
• Have committed to 2,134 units as part of a 5 year plan– 586 are under construction– 458 have been completed of which
420 are occupied• Partnerships work, flexibility is key
8
![Page 9: Saskatchewan Housing Corporation (SHC) Affordable Homeownership at Different Scales presented to Canadian Housing and Renewal Association’s Annual Congress.](https://reader035.fdocuments.us/reader035/viewer/2022070400/56649f0e5503460f94c2319d/html5/thumbnails/9.jpg)
Thank you
9