Housing Accelerator Fund spurs hundreds of letters from Saskatoon residents
Global News
The Housing Accelerator Fund will be discussed at a city council meeting Thursday, which has spurred hundreds of letters from residents.
Hundreds of Saskatoon residents are looking to weigh in on the Housing Accelerator Fund being discussed on Thursday at city council’s special public hearing meeting.
The government of Canada has offered funding to help cities fast-track housing, and is partnering with the city of Saskatoon to help develop 940 housing units over the next three years.
Through the Housing Accelerator Fund, $41.3 million is going toward this initiative, with housing development being sped up in areas near transit and the downtown sector.
At the beginning of May, city administration proposed that $35 million of the fund be allocated to incentive programs that will support affordable housing, multiple-unit dwellings in priority growth areas, and housing development on city-owned land.
The city also held public information sessions at the beginning of June, saying it was an opportunity for residents to ask questions and for the city to offer information on:
The report on Thursday aims to give more information on the specific housing conditions required for the city to get future federal funding for housing.
Hundreds of letters were submitted to the city, with more of them showing support for the changes proposed by the city to make it easier to create multi-unit housing.
Many of the supportive letters outlined that these changes will speed up the creation of housing and will allow new housing to go up in existing neighbourhoods. They also touched on how encouraging development and creating density within the community will be a cheaper option than allowing Saskatoon’s growth to continue to sprawl.
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