The government is investing $2.5 million to create a Community Housing Growth Fund to strengthen the sector and increase the number of non-profit housing units in Nova Scotia.
“Non-profit and co-operative housing plays an important role in creating healthy, vibrant and affordable communities,” said Municipal Affairs and Housing Minister John Lohr. “Sector growth is key to increasing the supply of affordable housing options and that means groups need the tools and expertise to oversee new developments and effectively manage ongoing operations. This responds to the recommendation of the Nova Scotia Affordable Housing Commission to establish a Community Housing Growth Fund.
The Community Housing Transformation Center will administer the program and allocate funds to approved projects over the next two years. Areas of interest include:
- Capacity Building
- planning and pre-development
- research and innovation
- creation of a new provincial non-profit housing association.
The center will also contribute $550,000 to support capacity building in the sector and the operational needs of the nonprofit housing association.
Selection committees, which will include representatives from the centre, the Ministry of Municipal Affairs and Housing and the community housing sector, will review and approve the projects.
Program guidelines are being developed and a call for proposals will be launched in the coming months.
The center is very happy to see this major project come to fruition. This is an important step in shaping community housing in Nova Scotia and we are proud to be part of it.
Stephan Corriveau, Executive director, Community Housing Transformation Center
This is an exciting and essential development. This puts the province on the right track. Developing the capacity of the community housing sector is central and key to the issue of affordable housing in Nova Scotia.
Timothy Crooks, Executive director, Phoenix Youth Programs; President of the council, Canadian Housing and Renewal Association
- the Community Housing Transformation Center is a non-profit group that provides financial support and organizational development tools to community housing organizations across Canada
- the center has allocated over $800,000 in community housing grants in Nova Scotia over the past three years
- in 2021-22, the province invested more than $35 million to create more than 1,100 new affordable housing units across the province, including 425 rent supplements
- The 2022-2023 budget contains an additional $15 million for affordable housing programs and funding for 550 new rent supplements
- province now provides more than 5,500 rent supplements each month to help Nova Scotians pay rent