Newfoundland and Labrador Housing Corporation

This release is being issued on behalf of the Newfoundland and Labrador Housing Corporation: Significant Progress Made in Repairs and Renovations of Provincially-Owned Vacant Units.

The Newfoundland and Labrador Housing Corporation (NLHC) is highlighting significant progress on repairs and renovations to the 143 provincially-owned vacant units identified in a request for quotations in October 2023.

As of December 8, 2023: Work is complete on 62 of the 143 units identified in the request for quotations; Repairs or renovations are underway on another 56 projects; and Work is complete on units in the western region, with estimated completion of all units identified in the other regions expected by the end of the 2023-24 fiscal year.

These 143 units are in addition to the standard repair and renovation process undertaken each year by the housing corporation, which is an ongoing part of its management of the province’s affordable housing units.

When any NLHC unit or home becomes vacant, it requires repairs before new tenants can move in. In 2023-24, 298 units have been repaired and offered to tenants.

Work on these additional 143 units was supported by an investment of $3 million from the Provincial Government, increasing the NLHC’s overall repair and renovation budget to $6 million for 2023-24.

Access to safe and affordable housing is an important factor in an individual’s overall health and well-being, which is why the Provincial Government continues to make strategic investments to meet the changing demands for housing. These include:

The Five-Point Plan to improve the availability of housing that is affordable, with actions valued at $65 million that are expected to add upwards of 500 new housing options to the market; A provincial investment of over $80 million in the Affordable Rental Housing Program, which will support 91 private and community sector projects that will result in the construction of more than 900 new affordable rental homes; and Continued implementation of the Canada Newfoundland and Labrador Housing Benefit, which has expanded access to affordable housing in the private rental market to nearly 500 new households.