Provides financial assistance to owners of rooming houses with accessible rent for people with lower incomes.
Financial assistance is provided in the form of a fully forgivable loan. Landlords must agree to place a ceiling on the rental amounts after the repairs are completed to ensure the units remain accessible to lower income tenants. The amount of assistance available is based on the cost of the mandatory repairs.
The maximum amount of funding available per bed unit is $16,000. Any additional repairs are the responsibility of the owner.
Owners of rooming houses that are intended as permanent accommodations for tenants can apply for funding if the rates for bed units are at or below market level. Additionally, the property must lack basic facilities or need major repairs to 1 or more of the following areas:
• Fire safety
Contact Housing Nova Scotia