Three community housing providers have received funding through the recently established Newfoundland and Labrador Community Housing Growth Fund to assist in the development of affordable housing projects.
They include:
The Community Housing Growth Fund supports non-profit, co-operative and Indigenous organizations and registered charities with funding for planning and pre-development work for affordable housing projects, where the absence of this funding often serves as a barrier for these groups to advance their projects. This funding allows these groups to take advantage of further funding opportunities from all levels of government, helping to shape project development and improve the rate of project success.
The fund was created in partnership between the Provincial Government and the national Community Housing Transformation Centre (the Centre). The selection committee for submissions consists of two representatives from Newfoundland and Labrador Housing, one the Centre representative, and two representatives from the province’s community housing sector, or individuals with relevant knowledge, experience and expertise.
The $1.5 million invested in the fund includes $1.25 million from the Provincial Government and a $250,000 contribution from the Centre. Funding is still available, and groups interested in applying for support can visit the Centre’s website.
Quote
“Community sector partners have the passion and the drive to address housing challenges, but often lack funding for pre-development costs. This funding through the Community Housing Growth Fund will help remove this barrier, and our objective is to support these three projects to move forward and create affordable homes for families in the very near future.”
Honourable John G. Abbott
Minister of Housing and Minister of Mental Health and Addictions
-30-
Learn more
Provincial Government Partnership to Support Growth of the Community Housing Sector
Follow us on X at @GovNL and @NLHousing
Like us on Facebook