New Brunswick·New
Rising Tide, a non-profit in the Moncton area, is shifting its focus to create units that suit people making $40,000 to $60,000 a year. That segment of the market feels as if it’s missing out, says Dale Hicks, the president of the organization.
New construction helps vacancy rate, but units may be geared too much to higher end, researcher says
Jennifer Sweet · CBC News
· Posted: Jan 22, 2026 5:00 AM EST | Last Updated: 27 minutes ago
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Moncton has seen a year of strong housing numbers, but Rising Tide Community Initiatives Inc. says units aren’t being created with rents in the $1,000 to $1,500 range. (Alexandre Silberman/CBC)
A non-profit that creates and operates affordable housing in Moncton is shifting its focus to develop what it calls the “missing middle.”
Despite construction cranes visible all over the skyline, no one is creating units that rent for $1,000 to $1,500 a month, said Dale Hicks, president of Rising Tide Community Initiatives Inc.
That’s what would be affordable for people earning $40,000 to $60,000 a year, he said.
A lack of units in this price range is a problem for many,
This story was brought to Nouzie by RSS. The original post can be found on https://www.cbc.ca/news/canada/new-brunswick/rising-tide-community-missing-middle-housing-moncton-9.7055109?cmp=rss
