Fifteen hundred Nova Scotia families have been approved for up to a $7,000 rebate on the purchase of a newly constructed home as part of government's New Home Construction Rebate program.
"I am pleased that the program was able to help fulfill government's commitment to keep tradespeople working at home, stimulate the provincial economy, and provide Nova Scotia families with the incentive they needed to purchase a new home in today's economy," said Ramona Jennex, Minister of Service Nova Scotia and Municipal Relations. "This program was well received by both homeowners and developers from across Nova Scotia."
Applications will continue to be accepted until March 31, and those qualified will be placed on a waiting list. Should any of the 1,500 registered applicants withdraw their application or fail to meet the requirements of the program, the rebate will be given to the next applicant on the wait list.
"We are very pleased to see that the program has reached its capacity of 1,500 homes," said Andrew Holley, president of the Nova Scotia Home Builders' Association. "The program had positive effects on our industry and kept construction moving forward and many skilled trades working throughout the last several months."
"This rebate provided an incentive to buy a newly constructed home now," said Michael Jackman, who recently received the rebate. "It made buying a new home more affordable."
The rebate is equivalent to 50 per cent of the provincial portion of the HST, to a maximum of $7,000. It applies to homes constructed by the owners, homes purchased from a contractor and manufactured homes on leased property.
Applicants must have completed construction or closed the sale by March 31.
This is a one-time rebate program. There is only one rebate per homeowner, and the rebate cannot be paid to the builder.
More information on the rebate and the application process is available online at www.getyourrebate.ca
, or by calling 902-424-5200 or 1-800-670-4357 toll-free.
FOR BROADCAST USE:
The province's New Home Construction Rebate program has
reached its limit of 15-hundred qualified applications.
Applications will continue to be accepted until March 31st.
Qualified applications will be placed on a waiting list.
This is a one-time rebate program. There is only one rebate
per homeowner, and the rebate cannot be paid to the builder.
More information on the rebate and the application process
is available online at w-w-w get your rebate dot c-a, or by
Media Contact: Deborah Bayer
Service Nova Scotia and Municipal Relations