REGINA, SASK. – The Government of Canada and City of Regina are fast-tracking construction of over 1,000 homes in the next three years.
An agreement under the Housing Accelerator Fund (HAF) will provide over $35 million to fund 11 local initiatives through the Regina Action Plan.
The initiatives include zoning changes to allow four units as-of-right per residential lot and a funding program developed by the City of Regina to cover pre-development costs for redevelopment of underused sites.
The initiatives will also help build more Regina homes by partnering with non-profit housing groups, a Canada Housing and Mortgage Corporation release said.
The Regina Action Plan will support converting non-residential buildings into housing, creating a process to allow for municipally-owned land to be used for housing, and shortening development approval processes, a release said.
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