2025-03-19_Agenda Packet--Dossier de l'ordre du jour
M&C No.2025-088
Report DateMarch 19, 2025
Meeting DateMarch 19, 2025
Service AreaGrowth and Community
Development Services
SUBJECT: Amendment to City of Saint John Housing Accelerator Fund 2024-
2026 Action Plan –CMHC Agreement #27,097,302
EXECUTIVE SUMMARY OF COMMITTEE OF THE WHOLE REPORT FOR OPEN
SESSION OF COUNCIL
Committee of the Whole recommends Common Council authorize the City of Saint
John to approve the amended Housing Accelerator Fund Contribution Agreement
with Canada Mortgage Housing Corporation (CMHC). Full details of the funding
agreement amendments will be announced at a later date.
COUNCIL RESOLUTION
1.That the City of Saint John approve the amendment to the Housing
Accelerator Fund Contribution Agreement with the Canada Mortgage and
Housing Corporation, generally in the form as presented to the
Committee of Whole at its March 19, 2025meeting, and,
2.That the Mayor and Clerk be authorized to execute the said agreement
and any documents ancillary thereto.