Nearly 100 new affordable housing units to open in HRM
The Government of Nova Scotia announced Tuesday that the Halifax Regional Municipality (HRM) is receiving more funding towards almost 100 affordable housing units.
Rooted: Community Development Partners, along with the provincial government, are funding the projects.
Rooted is finishing construction on a new 18-unit complex on Circassion Drive in Cole Harbour that will have nine affordable units.
Another 84 affordable units will be available in two buildings purchased by Rooted on Gaston Road in Dartmouth.
The province provided $11.1 million for the purchase of the Gaston Road properties, including an $8.9 million low-interest repayable loan and $2.2 million in grants from provincial housing funds.
'Our government is focused on getting more people in housing, faster – and it's working,' said Growth and Development Minister Colton LeBlanc. 'Investments like these are both preserving and increasing affordable housing supply, and that makes life better for Nova Scotians.'
The Crosswoods on Circassion Drive is now accepting tenants, with rents for the affordable units ranging from $770 per month for one-bedroom units to $1,136 for three-bedrooms.
'This project demonstrates what's possible when community values, smart, sustainable development, and public-private collaboration come together,' said Nick Russell, CEO of Rooted: Community Development Partners. 'Our goal is to build communities where people feel they have a space to grow and thrive. This ultimately results in greater prosperity for all. The Crosswoods is a milestone in the pathway towards inclusive development, setting a new standard for what affordable housing can look like in Nova Scotia.'
The province spent $1.4 million through the Affordable Housing Development Program and $3.1 million under Canada's National Housing Strategy initiatives.
The Gaston Road affordable units will range from $770 per month for one-bedroom units to $1,150 per month for three bedrooms.
People qualify for affordable housing based on gross household income for both new affordable housing properties.
For more Nova Scotia news, visit our dedicated provincial page
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