GrantNew BrunswickProperty Development

Growth Areas Housing Grant Program

The main purpose of the HAF Growth Areas Housing Grant Program is to incentivize, by way of grants, the development of new housing in Development Charge Areas over the CMHC, HAF funding period (2023 – 2026). The HAF Growth Areas Housing Grant Program includes a per-door incentive grant for landowners and developers in Development Charge Areas to be disbursed upon the successful completion of the building’s foundation.

Offered by Moncton Impact

Amount

$5,000 for a single unit dwelling; $10,000 per dwelling unit for a two unit, semi-detached, three unit, townhouse or rowhouse dwelling; $15,000 per dwelling unit for a multiple unit dwelling; a total of 10 dwelling units may be approved per application, not to exceed $150,000

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
New Brunswick

Who can apply

This Policy applies to landowners and developers seeking to construct new residential dwelling units within Development Charge Areas.

  1. The subject property or properties must be located within a Development Charge Area.
  2. Any applicant wishing to be considered for a grant under this policy must complete and submit

an Application Form (see Appendix A) to the City of Moncton following the issuance of a building permit.

  1. This grant is only eligible to developments that have applied for a building permit after the

signing of the contribution agreement between CMHC and the City of Moncton.

  1. Only one application may be made per property and applications will be processed in order of

receipt.

Where the property for which an Application has been submitted is found to be in

violation or contravention to any City of Moncton by-law or is subject to any outstanding work orders or any other enforcement procedures of the City of Moncton or any other governmental authority, the application may be refused or pending grant disbursements may be cancelled.

About the funding

The HAF Growth Areas Housing Grant Program includes a per-door incentive grant for landowners and developers in Development Charge Areas to be disbursed upon the successful completion of the building’s foundation.

  1. Grants will be disbursed in order of successfully completed Application and approval by the

application review committee, which shall include the:

  1. Director of Planning and Development or designate thereof;
Show all funding details
  1. Director of Economic Development or designate thereof; and
  2. Controller / Deputy Treasurer or designate thereof.
  3. Prior to approval and disbursement (note: the Director of Planning and Development is the

signing authority of the application review committee), the building foundation shall be deemed complete by either: a. Confirmation by the Building Inspector; or

  1. The submission of a report by the applicant prepared by the project architect that

certifies the building’s foundation is complete.

  1. Upon approval of the Application, the following grant amounts will be disbursed:
  2. $5,000 for a single unit dwelling;
  3. $10,000 per dwelling unit for a two unit dwelling, semi-detached dwelling, three unit

dwelling, townhouse dwelling, or rowhouse dwelling; and

  1. $15,000 per dwelling unit for a multiple unit dwelling.
  2. A total of 10 dwelling units may be approved per application, the total amount of which shall

not exceed $150,000.

  1. Grant funding is dependent on federal funding from the HAF. Despite the approval of an

Application, scheduled disbursements may be cancelled at the discretion of the Director of Planning and Development, or designate thereof, where there is indication that HAF funding is depleted or will be revoked.

  1. Although applicants may submit more than one Application, the consideration and

potential approval of subsequent Applications will be contingent upon any funds remaining at the latter part of the HAF funding period.

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 Existing Affordable HousingGrantGrant 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 unitsOpen
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