The Nova Scotia Housing Trust was founded in 2009 to develop and manage affordable rental housing for moderate-income households. The founding Board were leaders in private-sector housing development, and their depth and breadth of experience and expertise promised to facilitate and accelerate the Housing Trust’s impact. Implementing a mixed-income and market model promised perpetual sustainability and a role in creating liveable and diverse communities in Halifax.
During the 2010s and into the 2020s, the Housing Trust focused on two proposed Gottingen Street developments designed to create over 200 rental units, with over 100 affordable units, and advance partnerships with community groups like the Mi’kmaw Friendship Centre. Plans were not invulnerable to the challenges inherent in affordable housing development, chief among them being financing. The impact was not realized, and in 2020, the Housing Trust made the difficult decision to sell one of the Gottingen Street properties.
The Housing Trust remains committed to demonstrating the mixed-income model, now, in an environment where a pandemic has amplified the adverse outcomes of housing challenges on individuals, families, communities, and the economy. In this new and still evolving environment, the Housing Trust is exploring how it can leverage its resources to achieve the maximum number of affordable units and enhance its impact on the community.
The Housing Trust is grateful for the continued support of its many partners and looks forward to sharing its new path throughout 2022.
The Housing Trust of Nova Scotia would like to acknowledge that we are in Mi’kma’ki, the ancestral and unceded territory of the Mi’kmaq People and that we are all Treaty People.