Building a community where everyone can afford a safe, comfortable home, and cost of living is manageable.
Last updated: November 17, 2025
Affordable living and safe housing are vital to the security and stability of individuals and families. Targeted initiatives addressing the rising cost of living and enhancing housing options will help us support communities in building inclusive and accessible housing for everyone.
2024 added 6,169
2025 add 6,000
2026 add 6,000
2027 add 6,000
2028 add 6,000
Total added 24,000
Data sourced from CMHC's Housing Market Information Portal
2024 added 422
2025 add 320
2026 add 430
2027 add 480
2028 add 530
Total added 1,760
Data sourced from Housing NB
2024 (April-Sept) → 1,050
2025-26 → 1,050
2026-27 → 829
2027-28 → 726
2028-29 → 621
Data sourced from the Human Development Council
Expand to view the 2019 to 2023 historical data for each target.
2023 added 4,547
2022 added 4,680
2021 added 3,829
2020 added 3,483
2019 added 2,935
Data sourced from CMHC's Housing Market Information Portal
2023 added 63
2022 added 97
2021 added 96
2020 added 29
Data sourced from Housing NB
2022-23 311
2023-24 1,212
Data sourced from the Human Development Council
Overhaul property tax to ensure stability and fairness.
On May 6, 2025, government introduced legislative amendments that, if passed, would freeze real property assessment values to help provide relief and predictability to New Brunswickers as work continues to overhaul the province’s property tax system.
Temporarily suspend the provincial sales tax (PST) on new multi-unit housing construction projects to promote the development of truly affordable housing as has already been done by other Atlantic provinces.
Work with companies to increase investments in made-in New Brunswick solutions like modular and offsite housing.
Invest in long-term and sustainable core funding for transition homes and frontline domestic violence services, including women’s shelters and additional support services.
On July 28, 2025, the government announced an investment of $9.2 million in services to address gender-based violence.
Remove the provincial sales tax (PST) on electricity, providing 10 per cent relief from home energy bills.
On December 11, 2024, government announced eligible residential electricity customers will receive a 10% rebate on their monthly electricity usage beginning in January 2025. The amount of the rebate is equivalent to the provincial portion of the HST.
Remove the carbon adjuster levy, saving you around 4 cents a litre at the pumps.
The government is delivering on its commitment to remove the cost of carbon adjuster, effective December 1, 2025.
Implement a rent cap.
Legislative amendments to the rent cap were introduced on November 20, 2024. As of February 1, 2025, rent increases will be capped at 3% annually.
Provide wraparound services to those experiencing chronic homelessness, starting with housing, and support a community case management approach.
New affordable housing units to open in Moncton
On September 16, 2025, government established a ministerial task force on homelessness.
Work directly with municipalities and community groups already grounded in a housing-first approach and support their expansion.
The government has approved $7.4 million in emergency funding to establish a conditional grant program for non-profit housing providers.