‘We know it’s needed’: Freshwinds Co-op plans for up to 60 households on Fairfield Road
The latest stats are in from the Canada Mortgage and Housing Corporation (CMHC), and the rental housing economy in New Brunswick continues to get worse for those renting. Average rents in the province were up 10.5% in October over the previous year, and the vacancy rate is down from 1.9% to just 1.5% according to the CMHC. At the same time, the price of buying a home in Tantramar is up over 86% since 2019, according to MLS data from local realtor Jamie Smith.
It’s a situation that makes finding affordable housing challenging, and one that Sabine Dietz and Eric Tusz-King have decided they can do something about.
Last week, Dietz and Tusz-King, and the rest of the members of the newly incorporated Freshwinds Eco-Village Housing Co-operative, announced plans for a major new village-style development in Sackville that could provide co-op housing for up to 60 households. Freshwinds has made the first step, purchasing 21 acres of land on Fairfield Road, the former farm of Bill and Inez Estabrooks, for $450,000.
“In order to afford this land, we are selling that house that’s at 64 Fairfield,” says Tusz-King, “and then we’re going to be selling some of the lots along the road.” The Freshwinds development will take place on the acreage behind the roadside lots, and if all goes well, Tusz-King says work on the property could start as early as this fall, with construction starting in spring 2025.… Continue