Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Canada's Economic Action Plan

Canada's Economic Action Plan
Government of New Brunswick

Government of New Brunswick

April 13, 2012 18:08 ET

Governments of Canada and New Brunswick Celebrate New Affordable Housing in Fredericton

FREDERICTON, NEW BRUNSWICK--(Marketwire - April 13, 2012) - The official opening of twelve new affordable rental housing units for persons with disabilities was held today in Fredericton. The project received more than $1.4 million in funding from the federal and provincial governments.

The Honourable Keith Ashfield, Minister of Fisheries and Oceans, Minister for the Atlantic Gateway, Member of Parliament for Fredericton and Minister Responsible for New Brunswick, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and the Honourable Sue Stultz, New Brunswick Minister of Social Development and Minister Responsible for Housing, made the announcement.

"Our Government is dedicated to giving a hand-up to those in need in New Brunswick through these tough economic times," said Minister Ashfield. "Through projects like these, we are providing safe affordable housing to residents in our community, including seniors and families, while also creating jobs and stimulating our economy."

"With the opening of these new units, we are enhancing the quality of life of New Brunswickers and their families by investing in safe and affordable housing," said Social Development Minister Sue Stultz, who is also minister responsible for Seniors, Housing and Community Non-Profit Organizations. "Our government will continue to work to ensure that affordable housing is available for the long term and focused on the needs of New Brunswickers."

It was also announced at today's ceremony that more than 2350 units located across New Brunswick have received more than $ 37 million in federal and provincial funding under three different initiatives: Canada's Economic Action Plan, the 2009 Extension of the Canada - New Brunswick Affordable Housing Initiative and the Affordable Housing Trust.

The Government of Canada wants to ensure that Canadians on fixed incomes can live with independence and dignity and remain in their communities, close to family and friends. Canada's Economic Action Plan provided $475 million, over two years, to build new rental housing for low-income seniors and persons with disabilities. Overall, the Economic Action Plan included $2 billion for the construction of new and the renovation of existing social housing, plus $2 billion in low-cost loans to municipalities for housing-related infrastructure.

The Government of Canada, through CMHC, will invest more than $2 billion in housing this year. Of this amount, $1.7 billion will be spent in support of almost 615,000 households living in existing social housing. In New-Brunswick, this represents some 16,200 households. These investments are improving the quality of life for low-income Canadians and households living in existing social housing, including individuals who are homeless or at-risk of homelessness, seniors, persons with disabilities, recent immigrants and Aboriginal people.

To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc-schl.gc.ca.

Backgrounder

The housing projects that will receive contributions are:

Moncton
Project Name Funded Units Total Federal/Provincial Funding ($)
R.C.L. Developments Ltd. (Seniors) 28 $3,370,339.65
Domaine Centre-Ville Dieppe Inc. 24 $2,943,839.45
Downtown City Housing Inc. 47 $250,000.00
Foyer Saint-Thomas de la Vallée 22 $71,500.00
Lakeview Tower Inc. 75 $1,200,000.00
Résidence Notre Dame de Lorette Residence Inc. 10 $140,000.00
Résidence Hon. Joseph E. LeBlanc 75 $176,000.00
Foyer Ste. Anne Inc 20 $30,000.00
Résidence Ste-Thérèse 36 $85,000.00
Appartements Barachois Inc. 10 $225,000.00
RNH - Acadia Siding 1 $7,900.00
RNH - Balla Phillip 1 $1,200.00
RNH - Bouctouche 3 $9,995.00
RNH - Coal Branch 1 $3,100.00
RNH - Port Elgin 1 $6,975.00
RNH - Richibouctou 5 $31,520.00
RNH - Richibuctou Village 1 $6,100.00
RNH - Salisbury 3 $13,725.00
RNH - Harcourt 1 $4,000.00
RNH - Lute's Mountain 1 $8,600.00
RNH - Bathurst 1 $27,500.00
RNH - Nigadoo 2 $13,800.00
RNH - North Tetagouche 1 $19,000.00
RNH - Petit Rocher 5 $21,950.00
RNH - Pointe Verte 1 $13,000.00
RNH - Pokeshaw 1 $24,500.00
RNH - South Tetagouche 1 $29,800.00
RNH - Ste-Anne 1 $29,500.00
RNH - Belledune 5 $5,274.34
NB Gov't - DSD 063 29 $52,680.00
NB Gov't - DSD 097 10 $104,421.68
NB Gov't - DSD 114 60 $76,080.00
NB Gov't - DSD 058 20 $67,535.00
NB Gov't - DSD 142 10 $32,580.00
NB Gov't - DSD 071 50 $9,277.97
Moncton Community Residences Inc 4 $483,885
Total 566 $9,595,578.09
Saint John
Project Name Funded Units Total Federal/Provincial Funding ($)
Admiral Beaty 113 $1,500,000.00
Western Kings Kiwanis Lodge Inc. 30 $175,000.00
Carleton Kirk Complex Inc. 75 $306,899.00
Loch Lomond Villa 97 $2,500,000.00
Brunswick Tower 96 $537,859.92
Crown Street 30 $592,777.83
Inverness Place 12 $45,307.00
Lauder Court 12 $26,739.00
Market Square 79 $5,541,508.55
Inglewood 5 $126,000.00
Stevenson Tower 100 $930,091.24
RNH - Apohaqui 2 $2,400.00
RNH - Bocabec 1 $10,100.00
RNH - Cambridge Narrows 1 $5,975.00
RNH - Canoose 1 $7,670.00
RNH - Central Greenwich 1 $5,505.62
RNH - Drury's Cove 1 $19,310.00
RNH - Grand Manan 4 $28,742.73
RNH - Honeydale 1 $6,980.00
RNH - Lakeside 2 $14,975.00
RNH - Nerepis 2 $20,900.00
RNH - Rowley 3 $8,850.00
RNH - Second Falls 1 $4,600.00
RNH - Seeley's Cove 2 $6,000.00
RNH - St. George 1 $3,300.00
RNH - Sussex Corner 1 $4,750.00
RNH - Upham 1 $23,700.00
RNH - Welshpool 1 $17,300.00
RNH - Westfield 1 $5,000.00
RNH - Willow Grove 5 $16,800.00
RNH - Lakeside 2 $8,381.00
RNH - Salt Springs 1 $6,800.00
NB Gov't - DSD 054 1 $33,546.00
NB Gov't - DSD 117 30 $91,653.82
NB Gov't - DSD 129 10 $896.91
NB Gov't - DSD 069 12 $389.76
Jenny's Spring Housing Co-operatve Ltd 12 $1,451,655
Saint John Non-Profit Housing Holly 6 $725,828
Total 755 $14,814,191.38
Fredericton
Project Name Funded Units Total Federal/Provincial Funding ($)
Tannery Court Co-Operative III (Seniors) 18 $3,433,329.26
York Developments Inc. 12 $1,428,453.58
Eastwood Housing Co-operative Ltd. 16 $225,000.00
Charles Street 3 $42,000.00
Irvine Street 5 $128,708.00
Evelyn Grove 86 $395,457.57
Forest Hill Road 15 $46,550.00
McKeen Street 1 $50,300.00
RNH - Astle 1 $39,578.76
RNH - Beaver Dam 1 $26,000.00
RNH - Boisetown 1 $6,400.00
RNH - Burton 1 $4,500.00
RNH - Durham Bridge 2 $16,575.00
RNH - Gagetown 1 $4,500.00
RNH - Geary 1 $6,800.00
RNH - Harvey 1 $3,800.00
RNH - Holmesville 1 $19,500.00
RNH - Keswick Ridge 2 $17,500.00
RNH - Kingsley 1 $6,425.00
RNH - Nackawic 2 $35,389.87
RNH - Newburg 1 $24,700.00
RNH - Oakland 1 $19,713.00
RNH - Perth-Andover 3 $26,520.00
RNH - Plaster Rock 1 $5,200.00
RNH - Rosedale 1 $9,750.00
RNH - Stanley 1 $30,000.00
RNH - Taymouth 1 $5,000.00
RNH - Upper Kent 1 $18,700.00
RNH - Upper Tracy 1 $16,200.00
RNH - Williamstown 1 $12,800.00
RNH - Wuhr's Beach 1 $1,300.00
RNH - Zealand 1 $16,450.00
RNH - Cumberland Bay 1 $7,200.00
NB Gov't - DSD 164 15 $46,121.00
NB Gov't - DSD 072 30 $9,725.00
NB Gov't - DSD 145 10 $15,115.00
NB Gov't - DSD 163 10 $297,616.00
NB Gov't - DSD 079 10 $68,199.42
NB Gov't - DSD 100 10 $58,960.00
NB Gov't - DSD 124 20 $56,846.00
NB Gov't - DSD 165 15 $37,935.00
Eric Price Project 4 $486,319
Total 310 $7,207,136.46
Edmundston
Project Name Funded Units Total Federal/Provincial Funding ($)
Enterprise Les 3J Inc. (Seniors) 12 $1,439,063.23
RNH - Clair 2 $7,501.35
RNH - Drummond 1 $2,499.00
RNH - Edmundston 1 $4,891.99
RNH - Lac Baker 2 $9,303.00
RNH - Rivière-Verte 1 $1,375.00
RNH - St-André 4 $23,726.66
RNH - Ste-Anne 2 $5,596.47
RNH - St-Jacques 1 $4,575.00
RNH - St-Joseph 1 $12,360.00
RNH - St-Léonard 4 $45,472.32
RNH - Verret 1 $3,159.38
RNH - Clair 1 $770.32
RNH - St-Hilaire 1 $2,384.10
RNH - St-Léonard 1 $1,117.80
NB Gov't - DSD 051 10 $42,420.18
NB Gov't - DSD 004A 10 $59,413.54
NB Gov't - DSD 009 10 $47,313.39
NB Gov't - DSD 013 10 $4,819.95
NB Gov't - DSD 032 10 $6,187.13
NB Gov't - DSD 092 10 $11,956.20
NB Gov't - DSD 119 10 $4,837.85
NB Gov't - DSD 018 39 $30,850.00
François Cyr 1 $121,047
Total 145 $1,892,640.86
Miramichi
Project Name Funded Units Total Federal/Provincial Funding ($)
Dolan Avenue 18 $13,877.00
RNH - Millerton 1 $24,045.00
NB Gov't - DSD 093 22 $173,228.67
NB Gov't - DSD 162 10 $33,000.00
NB Gov't - DSD 007 42 $40,500.00
NB Gov't - DSD 135 20 $41,553.22
Total 113 $326,203.89
Acadian Peninsula
Project Name Funded Units Total Federal/Provincial Funding ($)
Habitations Père Raymond Inc. 10 $250,000.00
L'Association du Manoir Bellefeuille Inc. 10 $194,400.00
Les Résidences St-Léolin Inc. 10 $250,000.00
Habitat du Havre inc. 30 $250,000.00
Logements de la Dune 2 $182,000.00
Résidence Léonce Marsoliau de Bertrand 2 $200,000.00
RNH - Bas-Caraquet 1 $22,054.34
RNH - Grande Anse 3 $60,677.69
RNH - Lamèque 1 $3,400.00
RNH - Le Goulet 1 $29,999.43
RNH - St-Simon 1 $17,690.00
RNH - Tilley Road 2 $49,714.92
NB Gov't - DSD 065 16 $38,478.23
NB Gov't - DSD 017 15 $43,500.00
NB Gov't - DSD 019 15 $23,884.96
NB Gov't - DSD 081 18 $37,000.00
NB Gov't - DSD 074 20 $30,582.00
Total 157.00 $1,683,381.57
Restigouche
Project Name Funded Units Total Federal/Provincial Funding ($)
RNH - Atholville 1 $7,500.00
RNH - Belledune 1 $1,000.00
RNH - Charlo 3 $20,212.39
RNH - Jacquet River 1 $2,300.88
RNH - Kedgwick 2 $ 27,687.96
RNH - Lorne 1 $14,336.28
RNH - Nash Creek 3 $3,982.31
RNH - St-Quentin 7 $24,591.37
RNH - Val D'Amour 3 $13,680.52
RNH - White Brook 1 $3,761.06
RNH - Lorne 3 $25,840.70
RNH - Nash Creek 1 $4,601.77
RNH - St-Quentin 2 $1,592.92
NB Gov't - DSD 115 8 $191,954.67
NB Gov't - DSD 024 10 $195,092.86
NB Gov't - DSD 150 10 $308,968.02
NB Gov't - DSD 089 18 $100,558.32
NB Gov't - DSD 068 19 $108,743.00
NB Gov't - DSD 067 10 $342.32
NB Gov't - DSD 109 20 $613.01
Total 124 $1,057,360.36
Chaleur
Project Name Funded Units Total Federal/Provincial Funding ($)
RNH - Allardville 1 $5,950.00
NB Gov't - DSD 082 40 $20,594.39
NB Gov't - DSD 011 140 $645,283.00
NB Gov't - DSD 131 16 $725.34
Total 197 $672,552.73

Contact Information

  • Patricia Montreuil
    Canada Mortgage and Housing Corporation
    506-851-2229

    Mark Barbour
    Communications, Department of Social Development
    506-444-3730

    Alyson Queen
    Office of Minister Finley
    819-994-2482