Proposed La Ronge housing program includes cash payment incentives
Given the need to address a housing shortage in La Ronge and the region as a whole, town council is moving forward with a strategy to help guide residential land development and encourage housing construction.
“With a recent federal contribution of $1.1 million and a secured overall budget of $2.6 million, the town is poised to move forward with various projects and incentives that will provide for a range of housing types to be constructed,” wrote deputy-chief administrative officer Jeff Long in an email to larongeNOW.
“At its next meeting on Jan. 27, town council will consider adopting a policy which is a key component of the strategy, that would implement a housing incentive program that would allow for a cash payment of $10,000 for each new dwelling unit in developments of up to three units, while $15,000 would be offered for developments of four or more new dwelling units.”
Long explained this, combined with a residential development tax abatement, will make the town a much more competitive option for developers and builders alike, and help incentivize opportunities to bring more serviced lots onstream and spur housing construction.