A housing project designed for vulnerable seniors in Moncton is nearing completion, with new residents expected to begin moving in by the end of the following month. Situated at the intersection of St. George Boulevard and Bessborough Avenue in Moncton’s western area, the development involves repurposing a former office building.
The initiative is a collaboration between the City of Moncton and Rising Tide Community Initiatives Inc., a non-profit organization dedicated to offering affordable housing solutions in the city. The acquisition of the building, previously occupied by Wawanesa Insurance, took place in early 2025.
Government officials at various levels, along with representatives from Rising Tide, provided an update on the project during a recent announcement. Dale Hicks, the president of Rising Tide, highlighted the significance of this endeavor, emphasizing that it is their most substantial project to date.
Upon completion, the complex will feature 30 one-bedroom units, with the primary objective being to enhance access to affordable housing for seniors on the Housing N.B. waitlist. Additionally, a primary care clinic will be housed on the ground level of the building.
Hicks expressed optimism about welcoming the initial residents within approximately a month, citing the medical clinic as a pivotal addition that will positively impact the community. The presence of the clinic aims to address healthcare, housing, and homelessness concerns effectively.
Housing Minister David Hickey, present at the event, acknowledged the pressing need for affordable housing solutions in Moncton, noting that around 4,000 individuals are currently on the housing waitlist in the city. The project is a joint effort supported by all three levels of government, with a total investment of approximately $10 million.
Funding for the development includes $2.4 million from the provincial government’s Affordable Rental Housing Program, which focuses on creating housing units priced at or below the average market rate. The federal government contributed over $6.5 million, with an additional $600,000 allocated by the Moncton municipal government towards the initiative.
