PRINCE ALBERT — Two new duplexes have opened for families with low-income in Prince Albert.
The River Bank Infill Solutions project includes four units, consisting of two three-bedroom units and two two-bedroom units. The governments of Canada and Saskatchewan have jointly allocated $750,000 to the project.
Implemented alongside River Bank Development Corporation, the non-profit corporation is known for its work developing affordable housing units for families and individuals with low income in the city. Since the Government of Saskatchewan started working with River Bank in 2007, 40 affordable housing units have been added in Prince Albert. This project will add an additional four units to this total.
River Bank has also partnered with KidsFirst, Native Coordinating Council and Family Futures to provide support services on basic life skills to the tenants this development will serve.
Funding provided for this project is as follows:
- $750,000 in cost-matched funding from the Government of Canada and the Government of Saskatchewan through the National Housing Strategy (NHS) - Saskatchewan Priorities Initiative (SPI);
- $330,000 Conexus Credit Union Mortgage Financing; and
- $20,000 from the City of Prince Albert.
