The provincial and federal governments have signed a 10-year agreement to provide long-term funding for affordable housing.
The cost-sharing deal will see $300 million invested to protect, renew and expand social and community housing.
Provincial Finance Minister Cathy Rogers says the deal will allow New Brunswick to make major investments in its housing portfolio from bricks and mortar to programs.
Federal minister Dominic LeBlanc says long-term, predictable funding for housing has been needed for more than a decade.
Both governments say this will commit them to higher standards of transparency, public engagement and housing quality.
