The provincial government has announced a partnership with the Community Housing Transformation Centre to establish a $1.5 million Newfoundland and Labrador Community Housing Growth Fund.
The fund will support non-profit, co-operative and Indigenous organizations and registered charities in the creation of affordable housing and will be used to complete planning and pre-development work.
Funding is available to support a wide range of planning and pre-development activities including, but not limited to, appraisals, site surveys, legal, consulting, and development fees.
The $1.5 million invested in the fund includes $1.25 million from the Provincial Government and a $250,000 contribution from CHTC.