Affordable Housing Grant Program
The City of Saint John Affordable Housing Grant Program will help increase the number of affordable units in the community by incentivizing non-profit and private sector housing developers. As part of the City’s Affordable Housing Action Plan, the program has been designed to make use of a one-time $800,000 funding allocation to the municipality.
Grant Amount
Non-profit housing organizations can receive $10,000 per affordable unit up to a maximum of $200,000. Private developers can receive $8,000 per affordable unit up to a maximum of $160,000. In addition, each project can receive up to an additional $50,000 in bonus funds for projects that are innovative or address a market gap. Funding will be committed through grant cycles until all budget is expended.
Program Eligibility
The Program is intended as a top up for projects eligible for existing Provincial/Federal government funding programs for affordable housing. More information on program eligibility and scoring can be found in the “Frequently Asked Questions” or “Affordable Housing Grant Program Policy” documents.