Affordable Housing Grant for New Developments
No fixed amount
Grant
Description:
This grant aims to assist with municipal costs such as building permits, demolition permits, subdivision applications, and more costs associated with developments that create additional affordable units.
Continuous Intake
Eligibility:
Applicants must
1. be registered as a corporation under applicable provincial or federal legislation.
2. The subject property shall not be subject to any outstanding work orders or any other
enforcement procedures of the City or any other governmental authority.
3. shall not be in a position of property tax arrears or downtown Business
Improvement Area contributions. All property taxes owing shall be paid prior to the
disbursement of any fee-related grant.
4. development must respect any existing heritage designation requirements for the subject
property and for adjacent properties.
5. The following minimum requirements shall be met where the building contains dwelling units:
(a) There shall be a minimum of two (2) affordable units for non-profit corporations and a
minimum of four (4) affordable units for all other corporations;
(b) In addition to paragraph (a) and where the building is entirely a multiple unit dwelling,
20% of all dwelling units must be affordable units; and
(c) In addition to paragraph (a) and where the building contains multiple uses, 20% of the
gross floor area of the building, including common areas, must contain affordable units.
6. The following requirements shall be met where the development is a rooming house, or an
assisted living facility or residential care facility for transitional housing or supportive housing:
(a) There shall be a minimum of four (4) sleeping units; and
(b) In addition to paragraph (a) and where the building contains multiple uses, 20% of the
gross floor area of the building , including common areas, must be made up of sleeping
units.
7. Where the development is emergency housing, there shall be a minimum of 10 beds
Application Steps:
Applicants must submit Application Form (see Appendix A) to the City of Moncton Planning and Development Department prior to the commencement of any work and prior to applying for any applications/approval under subsection 5. (1).
Documentation Needed:
Applicants must submit:
1. reports
2. plans
3. estimates
4. contracts, and
5. other details as may be required to satisfy the City with respect to the eligible costs of the project and conformity of the project with City by-laws and policies.
About the author
Maurice