Minister of Housing and Minister of Mental Health and Addictions John Abbott announced the final approval of 11 projects under the Rental Housing Development Loan Program on Thursday.
These projects will support the development of over 450 new purpose-built residential rental units.
The Government of Newfoundland and Labrador has approved loans of more than $41 million for the program.
There were 45 expressions of interest applications received from all regions of the province through Phase I of the program. There were 16 invitations to apply to Phase II with 11 proposals being recommended in Phase III. These 11 projects have now received and signed financing agreements, designating final approval.
-
Race to become province’s next premier heats up, as Hogan launches campaign
The race to become the province’s next premier is heating up. John Hogan officially launched his…
-
U.S. pauses tariffs on Canadian goods that comply with USMCA until April 2
There has been another break in the trade war as U.S. President Donald Trump paused…
-
PUB asks Newfoundland Power to review complaints of higher billings and report back
The Public Utilities Board has written to Newfoundland Power asking the company to review a…
