聽 聽 聽 聽 聽 聽 聽 聽 It was an exciting day on Friday, May 27, with a new apartment complex unveiled by Blue Oak Holdings who worked with the Governments of Canada and Saskatchewan to offer low to moderate income apartments in Carlyle for individuals and families. A total of 12 new affordable rental units are available within the apartment complex.
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 Attending the ribbon cutting were Jason Zhao, CEO of Blue Oak Holdings Ltd., Honourable Dan D鈥橝utremont (MLA of Cannington) who was there representing the Honourable Donna Harpauer the Minister of Social Services and Minister responsible for the Saskatchewan Housing Corporation, Mayor Wayne Orsted, and Terry Wotton the Affordable Housing Consultant for Canada Mortgage and Housing Corporation.
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 鈥淎ccess to good, affordable housing is very important, and this is a welcome addition to the community,鈥� D鈥橝utremont said. 鈥淲e have confidence in this area, even if we are struggling right now with oil, it will rise again and there will be continued growth in the area.鈥�
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 鈥淭his project is an exciting housing option for the community of Carlyle. Not only is it meeting a real need for housing, it is providing low to moderate income renters with an opportunity to live in an affordable home as they pursue other opportunities that exist in this province. We are proud to work with our partners to keep Saskatchewan strong by continuing to increase housing supply, to improve housing affordability, and to support individuals and families in greatest housing need.鈥�
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 Zhao added, 鈥淲e are committed to helping Saskatchewan grow and thrive. We believe in providing affordable and comfortable accommodations to our residents in rural hubs across the province. We really appreciate the programs that the Government of Saskatchewan has available to make this possible.鈥�
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 鈥淭he project would not have been possible without the wonderful support we have received from the province and the Town of Carlyle. We look forward to continuing to work together with our governments and communities to provide even more housing to our residents across Saskatchewan.鈥�
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 Located at 101 Carlyle Ave. in Carlyle, the 12 unit rental housing development consists of four one-bedroom unit plus a den and eight two-bedroom units, totalling 12 units. Each unit is 850 square feet or 79 square metres.
聽聽聽聽聽聽聽聽聽聽聽聽聽聽聽 The Federal and Provincial Governments through Canada Mortgage and Housing Corporation and Saskatchewan Housing Corporation jointly contributed $240,000 towards six of the 12 units under the Canada-Saskatchewan Investment in Affordable Housing (2011-2014) Agreement. Blue Oak contributed approximately $1.8 million to the development of the housing through cash/land equity and mortgage financing.
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