Affordable Housing Program for Developers

CALL FOR PROPOSALS IS NOW CLOSED

The Province of Nova Scotia supports the creation of new affordable housing in partnership with private and community housing developers. The period to submit proposals under this program for 2021-22 is now closed.

Successful proponents under the Affordable Housing Program can receive a capital contribution of up to $50,000 per self-contained unit.

Projects are evaluated by a review committee and those that align best with the National Housing Strategy and provincial priorities score the highest.

AHP Application Form 2021

If you have an affordable housing projects, please consider applying to the Affordable Housing Contribution Fund or the Affordable Housing Demonstration Projects Initiative.

 

AHP Program Overview

The Affordable Housing Program (AHP) provides a capital contribution of up to $50,000 per self-contained residential unit as forgivable loan to support the development of new affordable rental housing in communities. Proponents must be a non-profit, co-operative, or private company registered and in good standing.

Eligible projects include new construction, preservation of vacant rental units, and conversion of existing structures. The AHP contribution allows housing developers to achieve rents that are below average market rents for the local community in which the project is located.

HNS provides funding for up to half the units in a project to maintain a desirable income mix; however, other ratios can be considered. Project minimum is 4 self-contained residential units. Exceptions may be made for projects in rural communities. HNS will consider all AHP proposals but is under no obligation to approve every application submitted for funding under the program.

Successful applicants will be informed via a formal Conditional Funding Approval Letter issued by Housing Nova Scotia. Projects under construction/renovation prior to formal funding approval are not eligible for consideration for funding under the Affordable Housing Program.

Housing Nova Scotia may require additional information to assess your application for funding at any time during the proposal review process. If that is the case, HNS staff will contact you.

 

For more information, email us at affordablehousing@novascotia.ca (this email address is only for inquiries relating to new construction, renovation of vacant rental units, and/or conversion of non-residential space into affordable rental units)