Saskatchewan

Sask. government unveils housing plan

The Saskatchewan government is talking about plans to build more affordable housing — 4,600 new homes over five years.

The Saskatchewan government is talking about plans to build more affordable housing — 4,600 new houses and apartment units over five years.

A total of $252 million will be spent, Social Services Minister June Draude said Monday.

It's federal and provincial money, with some of it new and some of it previously announced.

Most of that money, $200 million from a federal immigrant investor program, will be loaned to developers who will build a minimum of 1,000 "entry level" homes.

There are also smaller programs to help people come up with down payments to buy their own homes. There's also money to build new rental units and help fix up older units.

Opposition NDP MLA David Forbes scoffed at the announcement Monday, accusing the government of trying to sell "snake oil."

He also said an effective housing strategy should include some form of rent control to deal with high rents.

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