Provides financial assistance to private entrepreneurs, private non-profit corporations (includes off-reserve Indigenous population), and co-operatives for the construction, rehabilitation, and conversion of rental housing projects.
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Provides financial assistance to private entrepreneurs, private non-profit corporations (includes off-reserve Indigenous population), and co-operatives for the construction, rehabilitation, and conversion of rental housing projects.
A development proposal is eligible if it meets the following requirements:
Funding is in the form of a forgivable loan and is based on the cost of eligible work and the number of eligible self-contained units within a project. The maximum forgivable contribution for projects is outlined in the table below. Non-profit groups may receive funding for up to 100% of the units within a project. Private entrepreneurs are limited to funding for no more than 50% of the total units within a project. Projects will also be eligible to receive an additional $15,000 per funded accessible unit built through ARHP. Borrowers will enter into a Mortgage Agreement with Housing NB to ensure that units remain affordable to low and moderate income households.
Contact Name: Acadian Peninsula (Regional Sub-Office)
Phone Number: (833) 733-7835
E-mail Address: sd-ds@gnb.ca
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Alberta Business Grants
Edmonton, Alberta
Canada
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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.