Seven community housing organizations have received funds from the province and feds to transform their operations and complete repairs to existing units.
$13 million is being invested through the Community Housing Infrastructure and Repair Program.
“Having a vibrant community housing sector is critical to ensuring an adequate supply of affordable housing options for Nova Scotians. Investments like this help to preserve existing homes and strengthen organizations for future development and growth.” – Minister of Municipal Affairs and Housing John Lohr.
Close to $5 million will go towards preserving, renewing and growing two housing co-operatives, Gimme Shelter (12 units) in Sydney and New Armdale Westside (26 units) in Halifax who are amalgamating with Compass Nova Scotia Co-operative Housing Ltd.
Four other co-ops and one non-profit housing provider in Nova Scotia are receiving more than $8 million in forgivable loans to complete necessary capital repairs to their buildings.
They are:
- Dartmouth Non-Profit Housing Society, 57 units, Dartmouth: $2,558,600
- Evangeline Court Housing Co-operative Limited, 27 units, Wolfville: $1,045,100
- Spanish Bay Housing Co-operative (part of Compass Nova Scotia Co-operative Housing Ltd.), 18 units, Sydney: $2,458,100
- Fresh Start Housing Co-operative Limited, 30 units, Lower Sackville: $1,388,500
- Needham Housing Co-operative Limited, 13 units, Halifax: $557,500
The investments are being made through the Community Housing Infrastructure and Repair Program. It’s jointly funded by the Canada-Nova Scotia Bilateral Agreement and is focused on supporting community housing units where mortgages are maturing and federal operating subsidies under the Social Housing Agreement are coming to an end.
