Article on the almost 200 units going up on Greenwood drive:
Half the units will be affordable.
They are putting up 2 99 unit apartment blocks on 168-170 Greenwood drive on the Northside, and their aiming to make sure at least half of them are in the "affordable" range, that is less then 1500$/month that the Fredericton market is. To reach that goal , they'll be keeping the apartments as simple and basic as possible.
Not much more to say, other than good luck to them. We certainly need these types of projects as well.