Developer Assistance Initiatives

Developer Assistance Initiatives

Mortgage Flexibilities Support Program

The City of Saskatoon, Canada Mortgage and Housing Corporation (CMHC) and the Saskatchewan Housing Corporation have created the Mortgage Flexibilities Support Program to increase affordable homeownership opportunities in Saskatoon. With a 5% down payment grant from the City of Saskatoon and mortgage loan insurance from CMHC or Genworth Financial, qualified homebuyers will have the means to finance the purchase of […]

Developer Assistance Initiatives

Priority Review of Approved Affordable Housing Projects

Permit applications for affordable housing projects benefit from a priority review process which means that the reviewing branches and departments review these applications first. In order to receive Priority Review status, a housing project must be approved under at least one of the following three programs: Capital Funding Property Tax Abatement – Affordable Housing Direct Sale of City-owned Land for […]

Developer Assistance Initiatives

New Zoning District for Entry-level and Affordable Housing

The City of Saskatoon has created a new zoning district (RMTN1) designed specifically for entry-level and affordable housing.  This district may be applied in both new and existing neighbourhoods, and includes provisions for higher density that can reduce the cost per unit. The purpose of the RMTN1 District is to provide for comprehensively planned medium density multiple-unit dwellings in the form of  […]