18 Apr Supporting Nova Scotians Who Need It Most
As Liberals, we understand the significance of helping Nova Scotians with low-incomes find a safe, affordable place to call home.
Today, we are happy to announce more low-income families and seniors will have access to affordable homes thanks to an $18 million investment by your Liberal government and the federal government over the next two years.
We’ve already cut the wait list for affordable housing by 10 percent, and today’s announcement means funding for 440 new rent supplements is now available, which will help reduce the current wait list by an additional 10 per cent. As Liberals, we know it’s also important to have low-income Nova Scotians reside near the services and support they need.
“Working with the federal government, as well as private, non-profit, and co-op housing providers, is the best way to do this,” said Joanne Bernard, Minister responsible for Housing Nova Scotia.
The rent subsidies will be distributed as follows:
- 2016-17, $7.5 million will be invested to create 212 new rent supplements, including at least 50 for the Halifax Regional Municipality, and $300,000 for 10 rent supplements for new affordable rental housing projects.
- 2017-18, $9.88 million for 205 rent supplements for people with lower incomes, and $400,000 for 13 new rent supplements for new affordable rental housing projects
This investment is another great example of how your Liberal government is committed to working together to make our province stronger. We believe having a place to call home is something every Nova Scotian deserves.