As part of NL Housing’s commitment to helping community sector partners develop affordable housing, seven more projects are receiving funding through the Newfoundland and Labrador Community Housing Growth Fund.
A total of $310,000 was awarded for pre-development costs to make it easier to advance community-based projects. Projects receiving funding include:
These seven projects bring total number funded so far by the Community Housing Growth Fund to 15. The fund supports community organizations and registered charities with funding for planning and pre-development work for affordable housing projects, where the absence of this funding could be a barrier to the projects’ advancement.
Many of these projects are also conditionally approved for funding under the Provincial Government’s Affordable Rental Housing Program. Budget 2025 includes $32 million for projects under the Affordable Rental Housing Program, part of an overall $82 million that will result in the construction of approximately 800 homes. Over 180 homes are already under construction or completed through this program, with further construction anticipated to start this summer.
The Community Housing Growth Fund was created in 2024 by the Provincial Government and the national Community Housing Transformation Centre. The $1.5 million invested in the fund includes $1.25 million from the Provincial Government and $250,000 from the Centre. Funding is still available, and groups interested in applying for support can visit the Centre’s website.
Quote
“I would encourage organizations throughout Newfoundland and Labrador to consider applying for funding from the Community Housing Growth Fund to help pre-development planning. This fund helps organizations cover costs that arise early on in a project, and we want to reduce barriers and maximize housing initiatives across the province.”
Honourable Sarah Stoodley
Acting Minister of Housing
-30-
Learn more
Budget 2025: Smarter. Stronger. Better
More Projects Approved under Newfoundland and Labrador Community Housing Growth Fund
Funding Approved for Three Projects Through Newfoundland and Labrador Community Housing Growth Fund
Provincial Government Partnership to Support Growth of the Community Housing Sector
Like GovNL and NL Housing on Facebook
Follow us on X @GovNL
Follow us on Bluesky