The Saskatchewan government has transferred 10 social housing units to a rent-to-own program in Regina, marking a step in the Renewing Communities, Creating Homeowners initiative that was approved in September 2024.
Program Details
The units, previously part of the provincial social housing portfolio, will be offered to eligible low-income families through the Silver Sage Housing Corporation. Under the program, tenants can rent the homes for a set period with an option to purchase them at a reduced price.
According to the province, the initiative is designed to help families build equity while paying rent, with a portion of their monthly payments going toward a future down payment. The goal is to transition families from renting to homeownership within five to seven years.
Impact on Community
Housing Minister Christine Tell said the transfer supports the government's commitment to increasing homeownership opportunities. “This program gives families a path to stability and independence,” she stated. “By converting social housing into rent-to-own units, we are creating long-term benefits for Regina residents.”
The Silver Sage Housing Corporation will manage the units and provide financial literacy counseling to participants. The organization noted that demand for the program is high, with over 50 applications received for the initial 10 units.
Broader Context
The announcement comes amid a housing crisis in Saskatchewan, where the average home price in Regina rose 8% in 2025 to $320,000. Critics argue that 10 units are insufficient to address the need. NDP housing critic Nicole Sarauer said, “While any help is welcome, this is a drop in the bucket. The government needs to invest more in affordable housing and rent controls.”
Nevertheless, the province plans to expand the program to other cities if the Regina pilot proves successful. No timeline for expansion has been provided.
