More people in New Brunswick will be helped to find an affordable home of their own following the signing of a new 10-year deal.
The provincial and federal governments have agreed long-term funding of almost $300 million to protect, renew and expand social and community housing, and support New Brunswick's priorities related to housing repair, construction, and affordability.
The province will also be getting a new Canada Housing Benefit.
"The Government of Canada is committed to ensuring that every Canadian has a safe and affordable place to call home. Long-term, predictable funding for housing has been needed for more than a decade. Today, with the New Brunswickgovernment, we have taken a significant step toward our goal of building strong communities where Canadian families can prosper and thrive, now and for the future. Our Government will continue working in partnership with New Brunswick and other provinces and territories towards a 15% expansion in new affordable housing units and renewing 20% of existing community housing units across the country," said government minister Dominic LeBlanc, on behalf of the minister responsible for CMHC Jean-Yves Duclos.
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