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Beyonders - 18 Unit Project-Edmundston NB Canada

The lack of housing is a major issue in Edmundston. According to projections, more than a thousand homes will be missing by 2025 and more than two thousand within 20 years. Most of the housing needed is one-bedroom units, and there is currently a shortage of over 600 people looking for affordable housing in the area. This precarious situation is a source of concern for citizens and local authorities, who are looking for solutions to overcome this problem. In this context, our project to build apartment blocks is intended as a concrete and effective response to help fill the housing deficit in the city of Edmundston. https://youtu.be/x0mLhDwDAAk https://youtu.be/pFwkKjjCEBA

The lack of housing is a major issue in Edmundston. According to projections, more than a thousand homes will be missing by 2025 and more than two thousand within 20 years. Most of the housing needed is one-bedroom units, and there is currently a shortage of over 600 people looking for affordable housing in the area. This precarious situation is a source of concern for citizens and local authorities, who are looking for solutions to overcome this problem. In this context, our project to build apartment blocks is intended as a concrete and effective response to help fill the housing deficit in the city of Edmundston.
https://youtu.be/x0mLhDwDAAk
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Funding sources<br />

Grant<br />

The province and federal agencies will be<br />

called upon to participate, since the project<br />

involves more than 50% affordable housing.<br />

Private Investors<br />

Discussions with private investors to finance<br />

a large part of the project.<br />

Loan<br />

<strong>Canada</strong> Mortgage and Housing Corporation<br />

(CMHC) will provide long-term financing to<br />

allow this project to remain viable.<br />

These few sources are only a small snapshot of the funds<br />

available to support residential building initiatives.

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