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NS government announces 22,600 new homes, and 373 of them will be affordable

The province is giving Clayton Developments $21.8 million to hold rents between 60 and 80 percent of full market rates for 20 years.

On Friday, March 25, the Nova Scotia government designated nine new “special planning areas” in HRM. Appearing alongside HRM mayor Mike Savage, provincial housing minister John Lohr said this means development proposals will be fast-tracked and up to 22,600 units of new housing will be built.

“As we all know, the housing issue has reached a critical point in Nova Scotia. Our province is growing rapidly,” Lohr told reporters. “The supply of available housing needs to keep pace, particularly in HRM.”

The nine areas and their projected contribution to the 22,600-unit total are: the former Penhorn Mall lands (950 units), Southdale and Mount Hope (1,200 units), Bedford West sub-area 10 (1,300 units), Bedford West sub-areas 1 and 12 (2,500 units), Port Wallace (up to 4,900 units), Indigo Shores (150 lots), Morris Lake (3,100 units) Dartmouth Crossing (2,500 units), and Sandy Lake (6,000 units). These units will be a mix of all types of housing, from apartment buildings to individual homes…[Read More]