Province Supports Affordable Home Ownership
NOTE: A rendering of Habitat for Humanity Nova Scotia’s development is available at: https://news.novascotia.ca/photos/2022/04/04/habitat-humanity-nova-scotia-spryfield-development
The Province is providing Habitat for Humanity Nova Scotia a grant of $203,500 to help make home ownership a reality for 70 families.
The grant will assist with project management, design and other pre-construction costs associated with the organization’s Habitat Way development at Drysdale Road and River Road in Spryfield.
“Owning a home can be life-changing for families,” said John Lohr, Minister of Municipal Affairs and Housing. “When you own a home, you have options and that is a powerful thing. Homeownership can give families the strength and stability they need to build happier and healthier lives.”
Seven families already call the community home. Once complete, Habitat Way will include 77 affordable housing units. Habitat for Humanity provides qualified families the opportunity to purchase a home with no down payment, an interest-free mortgage and monthly payments that never exceed 30 per cent of their household income.
Habitat for Humanity Nova Scotia plans to break ground on Phase 2 of the project later this year and complete the next five homes in 2023.
Habitat Way has been a dream of ours for a long time. We are thrilled to receive this funding from the Province which will allow us to complete the business plan and sustainability plan to ensure this development is successful for our community.
Donna Williamson, Executive Director, Habitat for Humanity Nova Scotia
- the current housing deficit in Halifax Regional Municipality is estimated to be at least 17,000 units and growing
- qualified Habitat for Humanity homebuyers are required to meet program criteria and agree to complete up to 500 hours of volunteer work
- Habitat Way is the largest Habit for Humanity affordable housing project in Canada
Habitat for Humanity Nova Scotia: https://habitatns.ca/
A Healthy Nova Scotia: Solutions for Housing and Homelessness: https://beta.novascotia.ca/documents/solutions-housing-and-homelessness
Mandate letter of the Minister of Municipal Affairs and Housing: https://novascotia.ca/exec_council/letters-2021/ministerial-mandate-letter-2021-MAH-EMO-MR.pdf