Affordable housing project in Saint John, N.B. receives $16M
The government of New Brunswick contributed $960,000 through the Affordable Rental Housing Program and $2.85 million to supplement rent over the next 20 years.Additionally, nearly $500,000 was contributed by the City of Saint John, and the Rotary Senior Citizens ltd contributed $150,000.
According to New Brunswick’s social development minister, Dorothy Shephard, the long process required for the Wellington is an example of why a “radical” approach is needed on the housing file. “The bureaucratic process for these developments is a hindrance; we need to move faster. This was a 10-year project, and 47 units for 10 years is a long time, and we need more nimbleness.”When asked about why the funding was delivered near the end of the project, Hussen stated the contribution amount couldn’t be revealed any earlier.
Hussen said he expects to deliver more funding to the region in the near future, adding projects can be delivered through a quicker process with the Canada Mortgage and Housing Corporation involved in social housing. “Structurally and capacity wise [CMHC was] not there, and they’re getting there now, but you can imagine they were away from essentially social housing for 10 years.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JOHN DeMONT: 'Larger than life' health-care advocate John Dennis dies | SaltWireMarlene Bryenton had never met John Dennis when the health-care advocate from Halifax showed up at her Charlottetown door last summer. But he made an ...
Read more »
John Mayer Says He Doesn’t Have The ‘Liquid Courage’ To Date Since Becoming SoberIn recent years, John Mayer has distanced himself from the dating world and, in a new interview, the 'Gravity' singer opened up on how his sobriety has impacted his dating habits. 'Dating is no longer a codified activity for me, it doesn't exist in a kind of… it's not patterned anymore,' the 45-year-old musician said on the…
Read more »
John Robson: Everything I don't want for ChristmasI’m going to skip the long, lavish wish list, and instead tell you what I don’t want
Read more »
John Ivison: Canada has the capacity to do more to arm Ukraine, so why hasn't it?\u0027Relatively speaking, we have sent almost nothing and there is no discernible plan to send more,\u0027 says retired general Andrew Leslie
Read more »
John Ivison: Canada has the capacity to do more to arm Ukraine, so why hasn't it?\u0027Relatively speaking, we have sent almost nothing and there is no discernible plan to send more,\u0027 says retired general Andrew Leslie
Read more »