Incentives for Homebuyers
The City of Saskatoon is a partner in two different housing programs that have beencreated to make purchasing a home more attainable. The and the Programare designed to assist homebuyers inthe affordable housing market by providing down payment grants or loans.
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 a new home.
Private home builders provide new units that can be sold at prices that households with incomes below the Maximum Income Limits can afford.
Total household income of the buyer must meet the provincial Maximum Income Limits:
Singles and Couples $70,900
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Householdswith Dependents $78,400
Only homes in designated projects qualify for this program.
Innovative Residential: Town Square Terrace (102 Manek Road). Located in Evergreen, Town Square Terrace includes both 2 bedroom condos patagonia outlet store 593and 3 bedroom townhouses. Homes are between 760 ft and 1254 ft. Eligible buyers earning less than the Maximum Income Limits may receive 5% down payment assistance while buyers over these incomes may be eligible for 3% or 1% down payment assistance offered through the National Affordable Housing Corporation. Buyers may also be eligible to receive 8 year property tax support.
Newrock Developments: Meadowview Terrace (210 Rajput Way). Located in Evergreen, Meadowview Terrace offers 5 different floor plans featuring 2 or 3 bedrooms to address the needs of different family dynamics. Units sold without the City of Saskatoon/Province of Saskatchewan down payment grant may be eligible for a developer sponsored down payment grant of up to $7500. Eligible buyers may also receive monthly payment assistance ranging from 5/10 years. Accessible Housing Units will also be available for purchase in this development.
Innovative Residential: Kensington Estates (225 Hassard Close). Located in Kensington, this development offers 2 bedroom condos and 3 bedroom townhomes. Eligible buyers earning less than the Maximum Income Limitspatagonia outlet store xtremotivation may recpatagonia outlet store xateive 5% down payment assistance while bpatagonia outlet store 59uyers over these incomes may be eligible for 3% or 1% down payment assistance provided through the National Affordable Housing Corporation. Buyers may also be eligible to rpatagonia backpacks qualityeceive 8 year property tax support.
Innovative Residential:Cambridge Estates (275 Pringle Lapatagonia outlet store 590ne). Located in Stonebridge, theCambridge Estatescommunpatagonia discount code jjillity offers 2 bedroom condos and 3 bedroom townhomes. Eligible buyers earning less than the Maximum Income Limitsmay receive 5% down payment assistance for their new home, while buyers over these income limits may be eligible for 3% down payment assistance provided through the National Affordable Housing Corporation.
Innovative Residential:Poplar Grove(1303 Richardson Road). Located in Hampton Village, thePoplar Grovecommunity offers 2 and 3 bedroom condo and townhouse units. Eligible buyers earning less than the Maximum Income Limipatagonia outlet store 591ts may receive 5% down payment assistance for their new home, while buyers over these income limits may be eligible for 3% down payment assistance provided through the National Affordable Housing Corporation. Buyers may also be eligible to receive 8 year property tax or mortgage support.
Jastek Group ofpatagonia guide jacket ladies Companies: Ginger Lofts (1015 Patrick Crescent) Located in the Willowgrove Neighbourhood, Ginger Lofts offers attractive, spacious 2 bedroom townhouse units. Eligible buyers earning less than the Mapatagonia outlet store 592ximum Income Limits may repatagonia guide pants girdleceive 5% down payment assistance. The show suite and salpatagonia guide pants n nates centre are now open; please contact Jastek at the phone number below for the current hours.
Interested homebuyers contact the builders of designated projects and arrange to view the show homes.
Homebuyers apply for mortgage pre approval with the lender patagonia kids backpack review(bank, credit union or mortgage broker) of their choice.
