City of Fredericton adopted the Affordable Housing Strategy in 2022. This strategy is a roadmap for how our community can provide more inclusive and affordable housing in the future, while also doing as much as possible in the present to improve housing availability and affordability, and minimize the harmful impacts of homelessness and housing insecurity.
Initiatives & Incentives
Affordable Housing Committee
The City of Fredericton's Affordable Housing Committee advocates for residents who are housing vulnerable, require affordable rent, have special housing needs, are in the circumstance of poverty, or have recently immigrated to Canada. Its mission is to ensure that all Frederictonians have a safe and affordable place to call home.
Housing Accelerator Fund
In December 2023, the City of Fredericton entered into an agreement with Canada Mortgage and Housing Corporation for funding under the Housing Accelerator Fund (HAF). The $10.27 million will fund eight local initiatives that will increase the supply of housing through:
- construction of rental housing
- use of modular and manufactured housing construction
- creation of opportunities for affordable home ownership
- programs to support the non-profit and co-operative housing sector; and
- facilitation of development on City owned land.
Several grants are available as part of the HAF agreement with the City of Fredericton. More information can be found on the Financial Incentives page.
Other Initiatives
The City of Fredericton is engaged in other key affordable housing initiatives, including:
- Hiring an Affordable Housing Development Coordinator to support and implement the Affordable Housing Strategy and strengthen relationships with housing providers
- Providing a grant to cover the costs of planning fees and permits for non-profit affordable housing developers
- Reviewing and amending zoning by-law regulations to remove barriers to development
- Helping community housing providers identify potential sources of funding and navigate the regulatory and practical challenges of housing development
- Identifying underused city-owned properties and making them available for development