Saskatoon reports good year for affordability drive

City officials in Saskatoon have reported another good year for driving affordability of housing but acknowledge there is still a lot more to do.

Saskatoon reports good year for affordability drive
City officials in Saskatoon have reported another good year for driving affordability of housing but acknowledge there is still a lot more to do. Director of Planning and Development Alan Wallace commented: "Adequate housing is an important part of the city's strategic plan adding to the quality of life for all residents." There was a target for 480 new affordable units last year but the final total was 542; purpose built rental units, affordable rental, entry-level ownership and secondary suites all beat their targets. However there were only 40 affordable ownership units against a target of 100. Low and middle-income families are struggling most with affordability in Saskatoon with average home prices of $350,000 and rent for a two-bedroom apartment at around $1000.