Affordable housing project for seniors opens in Dieppe



    DIEPPE, NB, Nov. 13 /CNW Telbec/ - Seniors in Dieppe will have access to
more affordable housing with today's official opening of Résidence J. Régis
Leblanc, a 61-unit housing project that includes 45 new affordable housing
units. The project was funded under the Canada-New Brunswick Affordable
Housing Agreement.
    "Our government is delivering on our commitment to create affordable
housing in New Brunswick and across Canada for those who need it the most,"
said the Honourable Greg Thompson, Minister of Veterans Affairs, and Member of
Parliament for New Brunswick Southwest, on behalf of the Honourable Monte
Solberg, Minister of Human Resources and Social Development. "This project
will give seniors in Dieppe access to the housing they need and the
opportunity to stay in their community close to family and friends."
    "These homes will not only allow seniors to remain close to their
families and friends, but most importantly to remain active in their local
community. We are pleased to be a partner in a housing project that will
enhance the quality of life for many seniors," said Eugene McGinley,
New Brunswick Minister of State for Seniors and Housing.
    Located at 30 Sifroi Court in Dieppe, the project received a total of
$1.5 million in federal funding under the Canada-New Brunswick Affordable
Housing Agreement to offset construction costs, as well as almost $1.7 million
in rent supplements from the Province of New Brunswick for 45 units.
    Recently announced, Phase III of the Agreement will see the investment of
another $40 million to create at least 754 new housing units in New Brunswick
over the next two years. The Federal Housing Trust Fund contribution of
$17 million will be allocated to project promoters as forgivable loans to
offset construction costs. The province will provide $23 million in long-term
rent supplements to ensure that 580 of the 754 new housing units will be kept
affordable.
    Phase I and II of the Canada-New Brunswick Affordable Housing Agreement
involve investments of over $45 million to create and sustain up to 700 units
of rental housing for low-to-moderate income households in New Brunswick.

    Backgrounder is attached.

    
       Backgrounder - Canada-New Brunswick Affordable Housing Agreement

    Phase I

    Objectives:

    - To create and sustain rental housing for low- to moderate-income
      New Brunswick households through new construction or rehabilitation.
    - Housing must be affordable for at least 10 years.

    Program:

    - Funding under this agreement will be used for a Rental Housing Program.
    - The program will create and sustain up to 700 units of rental housing
      for low- to moderate-income households.
    - Funding is available to private non-profits, cooperatives, community or
      private developers interested in developing projects for low- to
      moderate-income families, seniors, non-elderly singles, disabled
      persons and persons with special needs.

    Administration:

    - The program is administered by the New Brunswick Department of Family
      and Community Services.
    - Family and Community Services is responsible for the selection of
      affordable housing projects.

    Phase II

    Phase II of the Agreement increased the total investment under the
Canada-New Brunswick Affordable Housing Program Agreement to $45 million in
funding. The Government of New Brunswick contributed at least 50 per cent of
the matching funding; up to 10 per cent may come from municipalities and other
third parties.

    Under Phase II, funding:

    - Were used for the Rental Housing Program in Phase I plus a new rent
      supplement program;
    - targeted urban areas with considerable housing needs; and
    - targeted persons on or eligible to be on a waiting list for social
      housing.
    

    Phase III

    Through Phase III of the Agreement, the Federal government, through the
recently announced Housing Trust, and the province of New Brunswick are
committing over $40 million to create at least 754 new housing units over the
next two years.
    The funding is available for private entrepreneurs and non-profit
organizations to help increase the supply of affordable rental housing for low
income seniors, families and non-elderly singles. Of the 754 housing units to
be created, 580 will be subsidized and 10 per cent are to be accessible for
persons with disabilities.
    Proposal development funding is also available for non-profit
organizations to help them prepare and develop their project.
    Proponents can submit proposals to a regional office of the Department of
Family and Community Services. Projects will be selected based on their
viability and their capacity to respond to housing needs for either seniors,
low income families, non elderly singles, or persons with disabilities.




For further information:

For further information: Robert Duguay, Communications, Family and
Community Services, (506) 444-3684; Giselle Thibault, Marketing and
Communications Consultant, Canada Mortgage and Housing Corporation, (902)
426-8320


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