Sustainable affordable housing solutions in local communities can contribute to both climate action and securing housing for low-income residents. Reducing energy consumption in these developments helps reduce emissions and they can also lower costs for Canadians.
Today the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Scott Pearce, President of the Federation of Canadian Municipalities, announced a series of investments totalling $82,300 through the Green Municipal Fund's Sustainable Affordable Housing initiative to support the exploration of more affordable and energy-saving housing options in Atlantic Canada.
Résidences Cocagnes Inc., a new non-profit organization in the small rural community of Cocagne, New Brunswick, receives $25,000 to explore the feasibility of constructing a 20-unit, energy-efficient affordable housing building for seniors.
The Municipality of Saint-Isidore, New Brunswick, receives $20,000 to develop a plan to provide more affordable and sustainable housing for seniors in its community.
Fogo Island Growth Incorporated, a non-profit organization based in Newfoundland and Labrador, receives $19,220 to conduct an assessment to better understand the housing and sustainability needs of the coastal island community of Fogo Island.
The Spryfield Social Enterprise & Affordable Housing Society, a non-profit organization in Nova Scotia, receives $18,080 to study how best to incorporate green building practices and technologies into a 40-to-60-unit affordable housing project in Halifax.
The funding announced today comes from a $300-million endowment from the federal government to the Sustainable Affordable Housing initiative, which is part of a $950-million expansion of GMF in Budget 2019. This funding helps housing providers build new, affordable and net-zero housing or retrofit existing units for higher energy performance.
