Millions of dollars in federal funding has been announced to help spur housing in the City of Dieppe.

Dieppe is receiving more than $7.2 million through the second round of the Housing Accelerator Fund.

In exchange, the city has committed to nine different initiatives aimed at helping to eliminate barriers to building housing.

Officials said this will help build 220 homes over three years and spur the construction of 3,700 homes over the next decade.

“In Dieppe, our goal is to ensure a safe, quality home for every member of our community,” Mayor Yvon Lapierre said in a news release.

“This investment is fully in line with our housing strategy to increase the availability and affordability of housing in Dieppe.”

Under the agreement, Dieppe will update its zoning bylaws to allow up to four units as-of-right in low-density zones.

The city will make municipal land available and offer financial incentives for the creation of affordable housing.

It will also introduce a developer navigation program, an electronic permitting system and an urban growth strategy.

“By working together, we’re addressing the housing challenges in our communities and ensuring that more affordable, sustainable homes are available for all residents,” Moncton-Riverview-Dieppe MP Ginette Petitpas Taylor said in the release.