Life Lease Program (Seniors)
Provided by: Saskatchewan Housing Corporation
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Service Description
Offers seniors with moderate incomes the opportunity to live in an affordable apartment-style home, in exchange for a deposit and a monthly occupancy fee. This program is available in select Saskatchewan communities.
NOTE: Life Lease is administered by local housing authorities on behalf of Saskatchewan Housing Corporation.
Eligibility
Individuals and couples are eligible if they: - are near age 55 or older - are able to live independently with or without supports from family, the community, or government agencies - have annual gross incomes and assets below the program limits - are legally allowed to be in Canada and not foreign visitors. Program Limits/Maximums - Singles - $58,000 - Couples - $73,100 - Household Assets - $415,000
Application Process
To apply, visit the website, complete the Housing Application and submit it to your local housing authority.
If you want a paper copy of the Housing Application or need assistance applying, call the Saskatchewan Housing Corporation at 306-787-4177 (toll free at 1-800-667-7567).
Documents Required
Proof of income.
Fees
Life Lease deposits range from $60,000 to $135,000, depending on the community and the size of the home. The deposit is fully guaranteed by Saskatchewan Housing Corporation and returned (less any outstanding fees) when the Life Lease ends. Approved applicants must provide an initial $1,000 deposit to secure a unit, and then pay the remaining deposit in full within 30 days or before they occupy the unit. The monthly occupancy fee covers a share of the operating and maintenance costs of the building including heat, water, property taxes, and administration. The fees are comparable to (and often lower than) the rent for similar housing in the community.
Fax: 306-798-3110
Toll-Free: 1-800-667-7567
Business Line: 306-787-4177
Hours of Operation
Monday - Friday
8:00 am - 12:00 pm, 1:00 - 5:00 pm
Service Website
www.saskatchewan.ca/residents/housing-and-renting/renting-and-leasing/life-lease-housing-for-seniors
Coverage Area
Available in select communities in SK - call 1-800-667-7567 for details. Visit <a href="https://www.saskatchewan.ca/residents/housing-and-renting/renting-and-leasing/life-lease-housing-for-seniors">the website</a> for information about selected communities.
Languages Offered
English
Multiple Locations
View services at this location
- Life Lease Program (Seniors)
- Rental Housing (People with Low Incomes)
- Rental Housing (Rural and Northern Communities)
- Rental Housing (Seniors)
Location Info
Hours of Operation
Monday - Friday
8:00 am - 12:00 pm, 1:00 - 5:00 pm
Phone 1: 1-866-245-5758
Saskatoon Office
Fax: 306-798-3110
Toll-Free: 1-800-667-7567
Regina Office
Business Line: 306-787-4177
Website
211 Saskatchewan strives to make sure information is correct. However, there are often changes to community services, which means inaccuracies may be possible. The information presented by 211 Saskatchewan may be subject to change.