In order to be eligible for our subsidized program an applicant must have children, with the exception of seniors.
Applicants must meet one of the following requirements:
- Be working full or part time
- Be enrolled in a schooling program, 2 year minimum
- Be a senior on a fixed income or needing medical care
Our subsidized units have a rental base rate of 25% of the total gross monthly household income - that is, all income coming into the home from any source. With the current rent rates in Prince Albert, we continue to have a long waiting list for these homes.
Our market rents are still well below the average rental rate for comparable houses within the City.
These units are a good stepping stone for tenants transitioning from subsidized to purchasing their own home.
The wait list for these units tends to be much smaller than the subsidized side of our portfolio.
