City of Fredericton
 

Changing Attitudes About Affordable Housing

“Affordable Housing” is an umbrella term that covers social housing, supportive housing, coop housing, rental housing, home ownership and subsidized housing.

An affordable housing program may be directed to a specific population, such as seniors, and have home supports in place accordingly, or it may simply be a subsidy program so that someone with a low income (either working or on a form of social assistance) can afford their housing costs.

Across Canada, the generally accepted definition of affordable housing is that a mortgage or rent not exceed 30 per cent of gross household income, while leaving enough for taxes, food, clothes, transportation, and other essential expenses.

There are affordable housing programs in all areas of our city. Click on the audio links (mp3) under RELATED CONTENT on the left-hand side of this page to hear a variety of perspectives on the importance of affordable housing developments to our community They were produced through a partnership between: The City of Fredericton; Astral Media; The Fredericton Community Action Group on Homelessness; Canadian Mortgage and Housing Corporation; and the Fredericton Chamber of Commerce.

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