A Moncton charity is spending about $1 million to open a new, 120-bed homeless shelter by the fall in the city’s downtown with support services on site that it hopes will help reduce homelessness.

Maison Nazareth Inc., which operates one of two existing shelters in Moncton, purchased 75 Albert St. last month for $775,000. It received $480,000 in joint federal and provincial funding.

Jean Dubé, executive director of Maison Nazareth, said it expects to partly open the new shelter in August and have it fully operational by the fall.