SAINT JOHN, Oct. 11 /CNW/ - Canada's New Government and the Province of
New Brunswick officially opened an affordable housing project in Saint John
today, funded under the Canada-New Brunswick Affordable Housing Agreement. The
project created 33 new affordable housing units for seniors and persons with
Rob Moore, Member of Parliament for Fundy Royal, on behalf of the
Honourable Monte Solberg, Minister of Human Resources and Social Development,
along with the Honourable Mary Schryer, New Brunswick Minister of State for
Housing, celebrated the project opening today.
"Canada's New Government is delivering on our commitment to create
affordable housing in New Brunswick and across Canada for those who need it
the most, " said MP Moore. "This project will give seniors and persons with
disabilities in Saint John the opportunity to stay in their community close to
family and friends and receive the care and support they need."
"Providing appropriate housing to seniors and persons with disabilities
is more than just providing a roof, it is providing a better environment so
they can continue being active and contribute to their respective
communities," said Minister Schryer.
The project called Fundy Harbour Estates is located at 35 Charlotte
Street in Saint John and received a total of $825,000 in federal funding to
offset the construction costs, as well as $1,200,000 in rent supplements from
the Province of New Brunswick for all 33 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 contributes
$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
Phase I and II of the Canada-New Brunswick Affordable Housing Agreement
involved 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 over
the last three years.
Backgrounder is attached.
Backgrounder - Canada-New Brunswick Affordable Housing Agreement
- To create and sustain rental housing for low-to-moderate income
New Brunswick households through new construction or
- Housing must be affordable for at least 10 years.
- Funding under this agreement will be used for a Rental Housing
- The program will create and sustain in excess of 600 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.
- 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 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
Under Phase II, funding:
- Were used for the Rental Housing Program in Phase I plus a new rent
- targeted urban areas with considerable housing needs; and
- targeted persons on or eligible to be on a waiting list for social
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 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)