Jan. 12, 2009
SAINT JOHN (CNB) - The governments of Canada and New Brunswick today officially opened a new affordable housing project for low-income families in Saint John. Minister of Social Development Mary Schryer, who is also minister responsible for housing, and Saint John MP Rodney Weston attended the opening.
Funded under Phase III of the Canada-New Brunswick Affordable Housing Agreement, the project will create 48 new units, of which 24 are affordable housing units.
"We are pleased to join our partners in this project to see 24 more affordable housing units being created for the benefit of low-income families in the Saint John 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 $4.7-million project is located at 10 Woodhollow Park, and was developed by Woodhollow Park Developments Ltd. The project will receive $720,000 under the federal Affordable Housing Trust to offset construction costs, as well as $1,050,000 million in rent supplements from the province for 24 units.
"The Government of Canada is committed to making affordable housing available in New Brunswick and across Canada for those who need it most," said Weston. "With the opening of this project, low-income families in Saint John will now have access to quality, affordable rental housing to meet their specific needs, while remaining close to their families and friends."
Weston spoke on behalf of Diane Finley, minister of human resources and skills development Canada, and minister responsible for the Canada Mortgage and Housing Corp.
The objective of the Canada-New Brunswick Affordable Housing Agreement is to create and sustain rental housing for low- to moderate-income New Brunswick households through new construction or rehabilitation.
Funding is available to private non-profits, co-operatives, 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.
This project was built to high energy-efficiency standards, and will involve consultation with Efficiency NB. Builders of affordable housing projects for low-income individuals may receive an incentive of $2,000 per apartment unit if the building is heated by low greenhouse-gas-emission technologies, as approved by Efficiency NB.
MEDIA CONTACTS: Sonya Gilks, communications, Social Development, 506-444-3730; Giselle Thibault, communications and marketing consultant, Canada Mortgage and Housing Corp., 902-426-8320.