Social Development

Affordable housing announced in Woodstock (09/07/21)

NB 1021

July 21, 2009

WOODSTOCK (CNB) - Two six-unit affordable housing projects for non-elderly singles and families were officially opened here today by Social Development Minister Kelly Lamrock and Tobique-Mactaquac MP Mike Allen. The units were funded under Phase III of the Canada-New Brunswick Affordable Housing Agreement.

(Multimedia)

"We are pleased to join our partners in this project to see more affordable housing being created for the benefit of low-income individuals in the Woodstock area," said Lamrock, who is also minister responsible for housing. "The creation of more affordable housing is essential in our efforts to provide vulnerable individuals with the means to achieve their goals."

The objective of Phase III 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 Allen. "These projects will help individuals and families get access to suitable and affordable housing, and help them build a stronger future for themselves."

Allen attended on behalf of Diane Finley, minister of human resources and skills development Canada, and minister responsible for Canada Mortgage and Housing Corp.

The first development is a $308,000 project developed by Poulin Holdings Ltd., and is located at 190 Broadway St. The development received $90,000 in capital grants from the federal government to offset construction costs, as well as $197,190 in rent supplements from the province for three of the six units.

The second development is a $393,500 project developed by the SJR Investments Ltd., and is located at 225-229 Broadway St. The development received $90,000 in capital grants from the federal government to offset construction costs, as well as $197,190 in rent supplements from the province for three of the six units.

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

This project was built to high energy-efficiency standards, and involved 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.

09/07/21

MEDIA CONTACTS: Sheri Strickland, communications, Department of Social Development, 506-444-3730; Patricia Montreuil, communications and marketing consultant, Canada Mortgage and Housing Corp., 506-851-2229.

09/07/21