Making Peace Vigil

Standing up for peace

STOP THE STADIUM! WE WANT AFFORDABLE HOUSING

Posted by strattof on August 18, 2012

S T A D I U M  Q  &  A

1. How much will the stadium cost?  A lot! The total cost, including loan interest and maintenance over a 30 year period, will be $675 million. This amount does not include cost overruns. 

2. Who is going to pay for the stadium? Mainly the taxpayers of Regina. According to the City’s funding plan, $300 million will come from the pockets of Regina taxpayers, who will be required to pay a 0.45% increase in property taxes each year for 10 years.

3. Has City Council consulted the citizens of Regina about the stadium plan? No. Without consultation, City Council is substantially increasing property taxes, as well as taking on a sizable debt, to fund the stadium.

WHAT CAN WE DO?

  • If you live in Regina, sign the petition calling for a referendum on the stadium, available every Thursday, from noon to 12:30 pm, at the corner of Scarth St. and 11th Ave., from the Making Peace Vigil.
  • Print off copies of the petition and collect petition signatures: urdamnright.info 

To force the City to hold a referendum on the stadium, 20,000 signatures have to be collected by November 7 2012.

  • Tell Mayor Fiacco and your City Councillor you want the City to act democratically and voluntarily hold a referendum on the stadium during the October 24th municipal election.
  • If you do not live in Regina, google “Canadian Taxpayers Federation Referendum for a Saskatchewan Stadium.”

HOW MANY AFFORDABLE HOUSING UNITS CAN WE GET FOR ONE STADIUM?

At a cost of $150,000 per unit, $300 million will get us, 2,000 affordable housing units.

REGINA’S HOUSING CRISIS: 5 KEY FACTS

1. Regina’s apartment vacancy rate is the lowest in Canada, according to the spring 2012 report of the Canadian Mortgage and Housing Corporation (CMHC). It is 0.6%, which essentially means there is no rental accommodation available in the city.

2. Average rent in Regina increased 5.5% from April 2011, well beyond the rate of inflation.

3. In 2010, over 3,400 people used one or more of the city’s shelter services. Many others double-bunked, couch-surfed, or lived in overcrowded unhealthy conditions. These latter groups could easily double the number of homeless people in Regina.

4. The average monthly rent for a one bedroom apartment in Regina is $817, an increase of $47 (5.8%) a month from the previous year.

5. A cashier earning $1,811.30 per month cannot afford a one bedroom apartment in Regina. Nor can a security guard earning $2,031.43 per month or a food services supervisor earning $2,395 per month. “Affordable housing,” as defined by the CMHC, is 30% or less of a household’s before-tax income.

NO AFFORDABLE HOUSING IN STADIUM PLAN

The new stadium is part of the Regina Revitalization Initiative. Both city and provincial officials will tell you this plan includes affordable housing. But it does not.

What the plan calls for is “up to 700 new affordable, market-rate housing units.” As everyone knows, the market-rate for housing in Regina is anything but affordable. 

WE WANT AFFORDABLE HOUSING!

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