Monday, February 15, 2010

Affordable Housing for Fredericton (February 15, 2010)
The provincial and federal governments announced an investment of more than $4 million for the construction and renovation of 252 housing units for low-income seniors, families and persons with disabilities in the Fredericton region. The announcement was made by the provincial Social Development Minister Kelly Lamrock, and Keith Ashfield, Minister of National Revenue

In Fredericton, a new housing development, Tannery Court II, will also create 40 units for low-income seniors including 4 accessible units for those with disabilities. The units, located on 543 Brookside Drive, are being developed by Tannery Court Co-operative Ltd., a non-profit organization. The project is receiving $1.6 million under federal stimulus funding in order to offset construction costs, as well as more than $2.6 million in rent supplements from the Province of New Brunswick.

The Evelyn Grove Manor seniors residence is receiving $660,000 for physical renovations and energy refits, as is the Doone Street residential area, at $1.3 million.

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