In 2011, the Governments of Canada and New Brunswick announced a $46.8 million funding agreement to help address New Brunswick’s housing needs and improve its housing stock.
Under the agreement, both levels of government will provide matching contributions of $23.4 million each to fund programs that support a range of housing needs for low-income individuals, families, seniors and persons with disabilities.
Annual Report on Outcomes
In 2014, the Governments of Canada and New Brunswick announced a $78 million funding agreement extension to help address New Brunswick’s housing needs and improve its housing stock.
Under the agreement, both levels of government will provide matching contributions of $39 million each to fund programs that support a range of housing needs for low-income individuals, families, seniors and persons with disabilities.
Annual Report on Outcomes
In 2016, the Governments of Canada and New Brunswick announced a $56.6 million funding agreement to help address New Brunswick’s housing needs and improve its housing stock.
Under the agreement, the federal government will provide $40.2 million and the provincial government will contribute $16.4 million to fund programs that support a wide range of housing needs for families, individuals, seniors and victims of domestic violence.
Annual Report on Outcomes
The amendment to the Canada – New Brunswick Affordable Housing Program Agreement, which implemented the two year extension of Affordable Housing Initiative as well as funding under Canada's Economic Action Plan, brought $42.66 million in federal funding to the province.
The Government of New Brunswick matched the commitment for a total of $85.32 million to assist those in housing need and, in collaboration with other levels of government and community partners, made various types of affordable housing programs possible.
The federal and provincial governments contributed equally to the overall investment of $75 million under the amended Canada-New Brunswick Affordable Housing Program Agreement.
Funding was available to private non-profit organizations, co-operatives, and community or private developers interested in developing projects for low-income families, seniors, non-elderly singles, disabled persons and persons with special needs.