New Brunswick·New
The New Brunswick and federal governments will spend a combined $210 million to help non-profit housing developers build up to 1,200 new subsidized housing units over the next two years.
Province to spend another $90M subsidizing rents for new homes over 20 years

Aidan Cox · CBC News
· Posted: Mar 20, 2026 4:37 PM EDT | Last Updated: 1 hour ago
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The province and federal government will spend a combined $210 million to help non-profit corporations build up to 1,200 new homes over the next two years, said David Hickey, minister responsible for the New Brunswick Housing Corporation. (Ian Curran/CBC)
New Brunswick’s minister responsible for housing is touting a spending commitment for new affordable housing as the biggest of its kind in the province’s history.
The province and the federal government announced a combined $210 million in capital spending to help non-profit developers build up to 1,200 new housing units across New Brunswick over the next two years.
The province will spend another $90 million to supplement the rent tenants pay for those units over 20 years.
“This agreement of 1,200 new homes …
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