HeadStart on a Home

 

HeadStart on a Home is Saskatchewan's largest economic initiative to address entry-level housing in the last decade.

The Program's goal is to construct at least 1,500 units by the end of 2016.

Construction financing is available for builders of entry-level homes:

  • Loaned at fixed rate of 4%
  • Minimum 10% equity requirement
  • No pre-sales required
  • Minimum 75% of homes must be owner-occupied
  • Units must have a target price at or below the average MLS sale price in area

Each project will be assessed on the following criteria:

  • Capacity, experience and expertise of the Developer/Builder
  • Overall feasibility of the project
  • Municipality engagement
  • Sales strategy to entry-level purchasers
  • Needs assessment of the Municipality

For resources on HeadStart on a Home, click here.

Builders and Developers, click here to contact us for more information.