Release
Housing New Brunswick, Office of the Premier
March 20, 2026
FREDERICTON (GNB) – More than 1,200 new homes for New Brunswickers will be built in the coming years through an agreement with the federal government’s Build Canada Homes program.
“This agreement marks the single-largest investment in affordable housing in New Brunswick’s history,” said David Hickey, minister responsible for the New Brunswick Housing Corporation. “Our government is committed to transforming housing in this province, and today that means ensuring an unprecedented number of New Brunswickers will have access to safe and affordable housing.”
Build Canada Homes was launched to increase the nation’s affordable housing supply, partnering with community housing and private market developers to build affordable homes for lower- and middle-income Canadians.
The program is also helping to fight homelessness by building transitional and supportive housing in co-operation with provincial, territorial and municipal governments and Indigenous communities.
The provincial and federal governments have reached a cost-matching agreement that will provide about $150 million in federal funding to the provincial government for the creation of at least 1,200 affordable housing units.
Both governments have worked together to identify a list of projects to be funded through this agreement. Priority has been given to “shovel-ready” projects that can begin construction within 12 months.
“Everyone deserves a safe, affordable place to call home,” said Premier Susan Holt. “This agreement is about getting more homes built, faster, so New Brunswickers can find a place they can afford in the communities they love. With our federal and community partners, we’re taking real action to tackle the housing crunch and make life more affordable for New Brunswickers.”
In late 2025, the New Brunswick Housing Corporation presented a proposal to Build Canada Homes that featured dozens of shovel-ready projects across the province. The plan includes the construction of affordable housing units in partnership with community partners, and the creation of innovative housing solutions.
“This partnership between the Government of Canada and the Province of New Brunswick demonstrates what we can achieve when we work together to tackle the housing crisis head-on,” said federal Housing and Infrastructure Minister Gregor Robertson. “By combining federal and provincial resources, we’re not only accelerating the delivery of thousands of affordable homes, but we’re also creating a community with schools, child care and supports that families need to thrive. This is a model for collaboration that will make life more affordable and strengthen communities across New Brunswick.”
20-03-26
Related links
Build Canada Homes funding agreement
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Media Contact(s)
Adam Bowie, communications, New Brunswick Housing Corporation, [email protected].