GrantNew BrunswickProperty Development

Affordable Housing Grant for Existing Affordable Housing

The principal purpose of the Affordable Housing – Building Permit and Planning Fee Equivalent Grant Policy – Repair and Renewal is to assist affordable housing proponents with the repair and renewal of existing affordable housing stock. The policy provides assistance to eligible applicants by reducing property improvement costs through the provision of grants equal in amount to fees/costs related to development and building permits, demolition permits, and variance applications.

Offered by Moncton Impact

Amount

Grant equal to up to 100% of the fees and costs for building and development permits, demolition permits and variances, based on a prioritization score of up to 400 points and prorated by the percentage of the building with affordable or sleeping units; 100% of these fees for emergency housing

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
Incorporated, non-profit
Location
New Brunswick

Who can apply

This policy applies to existing developments with affordable units; existing developments with sleeping units for rooming houses, or for transitional housing or supportive housing in the forms of assisted living facilities or residential care facilities; or existing emergency housing.

  1. The owner must be registered as a corporation under applicable provincial or federal legislation.
  2. The subject property shall not be subject to any outstanding work orders or any other

enforcement procedures of the City or any other governmental authority.

  1. The subject property shall not be in a position of property tax arrears or downtown Business

Improvement Area contributions. All property taxes owing shall be paid prior to the disbursement of any fee-related grant.

  1. The development must respect any existing heritage designation requirements for the subject

property and for adjacent properties.

  1. The following minimum requirements shall be met where the building contains dwelling units:
  2. There shall be a minimum of two (2) affordable units for non-profit corporations and a

minimum of four (4) affordable units for all other corporations;

  1. In addition to paragraph (a) and where the building is entirely a multiple unit dwelling,

20% of all dwelling units must be affordable units; and

  1. In addition to paragraph (a) and where the building contains multiple uses, 20% of the

gross floor area of the building, including common areas, must contain affordable units.

  1. The following requirements shall be met where the development is a rooming house, or an

assisted living facility or residential care facility for transitional housing or supportive housing:

  1. There shall be a minimum of four (4) sleeping units; and
  2. In addition to paragraph (a) and where the building contains multiple uses, 20% of the

gross floor area of the building , including common areas, must be made up of sleeping units.

  1. Where the development is emergency housing, there shall be a minimum of 10 beds.

Similar programs

ProgramTypeAmountStatus
Accessory Dwelling Unit Grant ProgramGrantA grant in the amount of $10,000, disbursed upon approval of the Application after the project's final inspection, with one application per propertyOpen
Affordable Housing Grant for New DevelopmentsGrantA grant equaling up to 100% of the fees and costs for building and development permits, demolition permits, subdivision approvals, Municipal Plan and Zoning By-law amendments, variances and Planning Advisory Committee applications, based on prioritization scoring (maximum 450 points) and prorated by the percentage of the building that includes affordable or sleeping unitsOpen
Agri-Land Accessibility and EnhancementGrantUp to 50% (re-development of inactive land) or 30% (other land elements) of eligible costs, maximum combined annual contribution of $7,000 for program elements 1 – 5 (not to exceed a combined total of $35,000 over April 1, 2023 – March 31, 2028)Open
Business Improvement Area Missing Middle Residential Infill Grant ProgramGrant$15,000 per new dwelling unit, not to exceed $150,000 per development (a total of 10 new dwelling units)Open