The combination of rent levels in any one building helps keep the building financially sustainable and allows a range of households to afford to live in a neighbourhood. That can help keep a community diverse and vibrant.
At the Housing Trust of Nova Scotia, our purpose is to collaborate and partner to build and maintain diverse and livable communities across Nova Scotia, and our primary mission is to provide good quality, affordable housing for low to moderate-income working households in communities where the cost of housing is skyrocketing or there is a shortage of good, quality rental housing.
The Housing Trust owns a total of 295 units in five multi-family buildings in Halifax and Dartmouth and is building housing for healthcare and other skilled workers across the province. Our goal is to acquire or build 1,000 units by 2030, transitioning units from the private sector to the community or non-profit sector and building in partnership to create a stock of perpetually affordable housing.
We’ll implement our “mixed income” model at all our buildings, ensuring they are more affordable to working households and people on fixed incomes. The combination of rent levels in each building helps keep the building financially sustainable and allows a range of households to afford to live in a neighbourhood. That can help keep a community diverse and vibrant. We’ll also work to improve the energy efficiency of our buildings to help control costs and achieve environmental goals.
There is also an essential role for all of us to play in promoting the growth and success of the non-profit or community housing sector so that together we can address the housing crisis across the province and ensure that the rental housing market offers options to meet the diverse housing needs of Nova Scotians.