St. John's to see a major boost in affordable housing supply
The Liberal federal administration and the government of Newfoundland and Labrador have announced a new $20.2 million investment to support the construction of 132 affordable housing options in the St. John’s region.
The federal government will be allocating $10.9 million under the Rapid Housing Initiative and over $5.3 million through the federal-provincial bilateral agreement under the National Housing Strategy (NHS).
The Gathering Place, which will be operating the units in this investment tranche, will contribute $4 million.
“With part of this total funding, the Gathering Place will operate 56 supportive housing units and 40 low-barrier emergency shelter beds, which will help address the need for housing and supportive services to assist individuals experiencing or at risk of homelessness,” according to Canada Mortgage and Housing Corporation (CMHC).
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The remaining funding will go towards the development of 36 new homes to be operated by the Newfoundland and Labrador Housing Corporation.
“This investment will expand affordable housing options for individuals and families in low-income, which includes women and women with children, seniors, Indigenous persons, youth, persons with disabilities and those experiencing homelessness,” CMHC said.
“Access to safe and affordable housing is a key social determinant of health and underpins social and economic inclusivity. As a government, we remain committed to addressing the diverse housing needs in our province – from those at risk of or experiencing homelessness to individuals and families facing challenges with housing affordability,” added John G. Abbott, minister of children, seniors and social development and minister responsible for the Newfoundland and Labrador Housing Corporation.
