'The start of something': Here's how this Sask. town is attracting new residents with a $30,000 incentive
The Town of Moosomin has decided to provide a $30,000 housing incentive to any new builders in the community, and an additional $8,000 for every door after.
The incentive applies to anyone building a new apartment building, condo, or multi-family housing development. With a population sitting around the 2,700 mark – according to the 2021 census – the town is currently in the process of building a new water treatment plant to accommodate a growth of 4,600 people.
“We've been working relatively hard on growing the community with several different initiatives over the last few years,” explained Coun. Murray Gray.
“We’ve had some wins between paving the airport, adding the daycare, some other things within the community which has been good, but we haven't been able to do any additions to our housing inventory so this makes sense that this is the next step."
Builders will be paid the incentive upon receiving their occupancy permit.
Gray said there are currently 40 new homes that qualify for the program – including two 12-unit apartment buildings being built on South Front Street.
“The [federal government’s] goal for us is to add 43 doors in our community in order to qualify for the grant,” Gray told CTV News.
“That’s retro back to the day that the announcement of the application. We’ve already got some doors added in the meantime, while we've been waiting for the money to come through. We're only shy, I think, about 20 doors right now.”
Two 12-unit apartment buildings in Moosomin currently qualify for the community's new $30,000 Housing Incentive program. (Sierra D'Souza Butts/CTV News)
The idea for the program was created by several groups in town shortly after receiving a grant of $992,000 from the federal Housing Accelerator Fund. Only two other municipalities in Saskatchewan received funding this year; the Town of Outlook and City of Humboldt.
“The housing incentive was created by the Economic Development Committee which includes representatives of the Community Builders Alliance (CBA), the Town of Moosomin, and the RM of Moosomin,” said CBA member Kevin Weedmark, who also serves as the Moosomin Chamber of Commerce’s president.
“It's a unique collaboration that has a private group working with public groups to come up with ideas to benefit the entire community. All of these groups are tied together working to improve Moosomin.”
Weedmark said the incentive is part of the community’s long-term goal for increasing its population.
“This is federal funding that the town is receiving to help spur growth, where the town is turning that funding around and giving it to everyone who wants to build a home [in Moosomin]. That’s how we’re trying to encourage it,” he said.
“It’s the start of something that that may not end with this grant. I think what the town is going to discover is that by investing that $30,000 into each new house, they're going to make that money back.
Weedmark went on to say the taxes coming in from each new house are going to help pay for the cost of the program and keep the town’s expansion going.
The town’s Economic Development Officer Casey McCormac added that the goal of the incentive is to attract new people to the area.
"We're definitely hoping to attract new residents, new young families, people that are willing to work the jobs that we need, such as daycare jobs or hospital jobs, things that we are looking for,” she explained.
"This incentive helps Moosomin with the fact that we have a ton of commercial construction going on, but there's no where for those people looking for those jobs to live. Right now we have many people that are living outside of Moosomin and surrounding towns because there's no where in Moosomin to live, to rent or to own."
McCormac added that the housing incentive applies to any new residential building permit issued since Aug. 21, 2023.
CTVNews.ca Top Stories
BREAKING Israeli military says it has carried out a 'targeted strike' in Beirut
The Israeli military said it carried out a 'targeted strike' in the Lebanese capital Beirut on Friday.
'It's disgusting': Quebec minister reacts after body of boy, 14, found near Hells Angels hideout
The province's public security minister said he was "shocked" Thursday amid reports that a body believed to be that of a 14-year-old boy was found this week near a Hells Angels hideout near Quebec City.
Woman nearly shut out of mother's will sues brother in B.C. Supreme Court – and wins
Since she was a young girl growing up in Vancouver, Ginny Lam says her mom Yat Hei Law made it very clear she favoured her son William, because he was her male heir.
Cognitive decline reduced by MIND diet, especially for women and Black people, study finds
Following the MIND diet for 10 years produced a small but significant decrease in the risk of developing thinking, concentration and memory problems, a new study found.
Ontario man to pay $1,500 surcharge after insurer says his SUV is at higher risk of theft
An Ontario man says it is 'unfair' to pay a $1,500 insurance surcharge because his four-year-old SUV is at a higher risk of being stolen.
Montreal couple facing deportation to Mexico granted temporary residency
The Montreal couple from Mexico and their three children facing deportation have received a temporary residence permit.
Federal firearm buyback program has cost $67M, still not collecting guns after 4 years
The federal firearm buyback program has cost taxpayers nearly $67.2 million since it was announced in 2020, but it still hasn't collected a single gun.
Lawyers say former Harrods boss Al Fayed was a 'monster' who abused women and girls
Lawyers representing dozens of women who say they were raped and sexually abused by Mohamed Al Fayed, the former boss of the famous London department store Harrods, said the case was akin to the crimes of sex offenders Jimmy Savile, Jeffrey Epstein and Harvey Weinstein.
NEW Health data collected from Indigenous Peoples in Canada has a dark history. One Indigenous company is turning that around
Software company Mustimuhw Information, which develops medical records systems built on a foundation of Indigenous traditions and values, is allowing health providers to capture data informed by cultural practices.