Nova Scotians to Benefit from New Affordable Housing Agreement

Tuesday, August 5, 2014

A new federal-provincial housing agreement means more seniors, families and persons with disabilities in the province will be able to find an affordable place to call home.

The Governments of Nova Scotia and Canada announced today, August 5, an additional combined investment of $102 million over five years to help more people access affordable housing. The funding is cost-shared 50-50 by each level of government and will be delivered through an extension to the Investment in Affordable Housing (IAH) agreement. 

"Too many families and seniors still need affordable housing," said Joanne Bernard, Minister of Community Services, who is responsible for Housing Nova Scotia. "The extension of this agreement will help us provide more affordable housing, help seniors live independently in their homes longer, and provide assistance to persons with disabilities to make adaptations to their home.

"We can't do this work alone and I want to thank the community groups and partners who are working with us to ensure more Nova Scotians have an affordable home."

 The federal portion of the funding comes from Economic Action Plan 2013.

"Our government remains committed to smart investments in housing to create better economic outcomes for the Canadian families who benefit from these programs," said Peter MacKay, Regional Minister for Nova Scotia and Minister of Justice and Attorney General of Canada. "Through this considerable investment the province of Nova Scotia will be able to direct funding towards housing solutions that best meet their local needs and priorities.”

Housing Nova Scotia can design and deliver a range of affordable housing programs under Investment in Affordable Housing to address local needs and priorities.

As it continues to implement the provincial housing strategy, Housing Nova Scotia will streamline its existing programs aimed at helping low- and modest-income families make important repairs to their homes. New initiatives under the Nova Scotia Housing Strategy will include a range of affordable housing options for owners and renters, paths to home ownership, and increased support to seniors, persons with disabilities and vulnerable Nova Scotians.

"Initiatives such as this federal-provincial agreement are crucial to ensuring we continue to work together to provide quality, choice and affordable housing for all Nova Scotians," said Paul Pettipas, CEO of the Nova Scotia Home Builders' Association. "Funding such as this also creates work and jobs for contractors, builders, construction workers and tradespeople, while at the same time providing needed improvements to housing, making Nova Scotia an even better place to live, work and grow. 

"We look forward to a continued partnership with Housing Nova Scotia to advance our shared goal of housing excellence in Nova Scotia."

On October 24, 2011, the Governments of Canada and Nova Scotia announced an Investment in Affordable Housing agreement with a combined investment of about $61 million for the 2011-2014 period. This new agreement extends the original agreement for the 2014-2019 period with an additional investment of $102 million.

From April 2011 to March 31, 2014,the Investment in Affordable Housing has already helped more than 183,600 households nationally and about 7,400 in Nova Scotia.

Today's announcement was made at the Bloomfield Centre in Halifax, a former school now being redeveloped as an unique mixed-use, mixed-income community of at least 478 residential units over three phases. It will also include non-profit, community and commercial space.

The mandate of Housing Nova Scotia is to deliver innovative housing strategies that will ensure Nova Scotians can find a home that is right for them, at a price they can afford, in a healthy, vibrant community that offers the services and supports they need. For more information on Housing Nova Scotia, visitwww.housingns.ca  .

To find out more about how the government of Canada, through Canada Mortgage and Housing Corporation, is working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/affordablehousing. For more information on Canada’s Economic Action Plan, call 1-800-OCanada or visit www.actionplan.gc.ca