Social Development

Affordable housing project opens in Fredericton (08/12/16)

NB 1831

Dec. 16, 2008

FREDERICTON (CNB) - Eight affordable housing units in Fredericton were officially opened today by Social Development Minister Mary Schryer, who is also minister responsible for housing; and Keith Ashfield, minister of state for the Atlantic Canada Opportunities Agency.

(Multimedia)

The units, funded under the Canada-New Brunswick Affordable Housing Agreement, will be homes for non-elderly singles and families.

"We are pleased to join our partners in this project to see more affordable housing being created for the benefit of low-income families in the Fredericton area," said Schryer. "The creation of more affordable housing is essential in our efforts to provide vulnerable individuals with the platform to achieve their personal goals."

The objective of the Canada-New Brunswick Affordable Housing Agreement is to create and sustain rental housing for low- or moderate-income New Brunswick households through new construction or rehabilitation.

"The Government of Canada is committed to making affordable housing available in New Brunswick and across Canada for those who need it most," said Ashfield. "With the opening of this project, families and low-income individuals in Fredericton will now have access to quality, affordable rental housing and services to meet their specific needs, while remaining close to their families and friends."

Ashfield attended on behalf of Diane Finley, minister of human resources and skills development and minister responsible for the Canada Mortgage and Housing Corporation.

The $665,000 project, developed by Fredericton Non-Profit Housing Corp., is at 69 Cliffe St. The development received $240,000 in capital grants from Ottawa to offset construction costs, as well as $350,000 in rent supplements from New Brunswick.

Funding is available to private non-profits, co-operatives, community or private developers interested in developing projects for low- or moderate-income families, seniors, non-elderly singles, disabled persons and persons with special needs.

08/12/16

MEDIA CONTACTS: Sonya Gilks, communications, Department of Social Development, 506-444-3730; Patricia Montreuil, communications and marketing consultant, Canada Mortgage and Housing Corp., 506-866-8047.

08/12/16