BILATERAL AGREEMENT UNDER THE 2017 NATIONAL HOUSING STRATEGY 3 YEAR PROVINCIAL HOUSING AND HOMELESSNESS ACTION PLANBilateral Agreement • March 3rd, 2020
Contract Type FiledMarch 3rd, 2020This Action Plan provides actions, targets and outcomes to utilize $68,841,600 in Federal and Provincial housing funding over fiscal years 2019-2022. This funding is provided through the Canada-Newfoundland and Labrador Bi-Lateral Agreement under the 2017 National Housing Strategy. CMHC funding and cost-matched funding under this Agreement will be utilized towards achieving outcomes and set targets for indicators and expected results. These include Provincial contributions towards Federally-established NHS targets as well as other provincial priorities. The National Housing Strategy’s primary targets are the 100% preservation of social housing units under the Social Housing Agreement as of March 31, 2019 (“baseline units”), repairs to 20% of baseline units, and social housing expansion equalling 15% of the baseline unit total.