City Approves Land Donation to Miywasin for Affordable Housing
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Description
The City of Medicine Hat approved a reduced-price land sale to Miywasin Friendship Centre (Medicine Hat) for an Indigenous seniors affordable housing project. The property at 301 Spencer Street SE, valued at $412,000, will be transferred with funding from Capital Reserves to keep the Land & Real Estate budget whole. The agreement includes conditions and a buy-back option for the City.
Contract Details
Contract Amount
$412,000 (market value, to be reimbursed from Capital Reserves)
Vendor
MIYWASIN FRIENDSHIP CENTRE (MEDICINE HAT)
Agency
City of Medicine Hat, Canada
Contract Type
OTHER
Document Date
June 18, 2026
Renewal Date
2028-06-18
Renewal Info
Conditional Purchase and Sale Agreement; City may buy back the property for $1 if Miywasin fails to secure grant funding within 24 months, obtain development permits within 12 months, or commence construction within 18 months of permit.
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