Housing incentive program launched by City of Yorkton [Video]

Yorkton, Sask. –

With an attempt to address the shortage of housing available in the community, the City of Yorkton has started a housing incentive program where new builders will receive a 50 per cent rebate on residential lots, and a full tax exemption for five years.

“Basically you apply, and you pay the regular price of the lot. When you build, we rebate you 50 per cent of that original price, and all of these lots in the city are already serviced,” explained the city’s current Mayor Mitch Hippsley.

The idea for the incentive stemmed from the city’s Economic Development Committee and was first introduced earlier in the year.

“We have more Ag industry businesses coming to Yorkton, international companies. With that brings more business and with that brings many more jobs,” Hippsley said.

“These people who move here need a place to live of course, and that’s what is taking up …