The Regional Development Corporation (RDC) has signed a multi-year infrastructure agreement with the Housing, Infrastructure and Communities Canada to increase housing supply and accommodate community growth. The Canada Housing Infrastructure Fund (CHIF) aims to accelerate the construction and upgrading of housing by supporting drinking water, wastewater, stormwater, and solid-waste infrastructure, which directly supports the creation of new homes, and increasing densification. This investment is part of the Province of New Brunswick’s commitment to address the impacts of the housing crisis felt by communities across New Brunswick.
New Brunswick will receive approximately $150 million over the next 10 years from Housing, Infrastructure and Communities Canada (HICC) to invest in municipal infrastructure projects that directly enable housing supply. Provincial funding for eligible projects will be provided from RDC’s Preconstruction and Infrastructure Fund to Support Housing.
The CHIF program will be administered by the Regional Development Corporation on behalf of the Province of New Brunswick and Government of Canada, with support from partnering departments.