More safe, quality and affordable housing opens in Salisbury



    SALISBURY, NB, Nov. 7 /CNW/ - Seniors in Salisbury will have access to
more affordable housing with today's official opening of an affordable housing
project. The 13-unit project includes eight 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 the country for those who need it the
most. The Salisbury Lions Senior Citizens Complex will give seniors the
opportunity to stay in their community close to family and friends while
receiving the care and support they need," said Rob Moore, Member of
Parliament for Fundy Royal, on behalf of the Honourable Monte Solberg,
Minister of Human Resources and Social Development.
    "Seniors should have the opportunity to access affordable housing in
their community, and we are pleased to see government, non-profit and business
organizations working together to make this happen," said the Honourable
Eugene McGinley, New Brunswick Minister of State for Seniors and Housing.
    The project, called Salisbury Lions Senior Citizens Complex, is located
at 79 Horsman Street and was developed by the Salisbury Lions Senior Citizens
Complex Inc. The project received a total of $280,000 in federal funding to
offset the construction costs, as well as $302,365 in rent supplements from
the Province of New Brunswick for eight 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 which 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
involves 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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