Nova Scotia Billion Dollar Housing Plan
The Province released its five-year housing plan — Our Homes, Action for Housing — with a projected $1-billion investment to create more than 40,000 new housing units from one end of the province to the other.
The Minister of Municipal Affairs and Housing says, “Housing is a shared responsibility, and we need all levels of government, non-profits, developers, and communities working together to solve these unprecedented housing challenges.”
John Lohr added, “This plan is a road map of where we intend to go. This plan was not built in a boardroom. It was crafted with input from the voices of thousands of Nova Scotians representing our province's rich diversity.”
The plan and accompanying housing needs assessment follow feedback from 21,000 Nova Scotians, 115 employers, and more than 100 organizations.
The needs assessment report, by Turner Drake & Partners, estimates that at the current pace of construction, which brings about 6,000 units to market each year, there will be a shortage of 41,200 housing units by 2027-28 if aggressive action is not taken.
The needs assessment and Our Homes, Action for Housing are available at: https://novascotia.ca/action-for-housing/.
As part of the housing needs assessment, Nova Scotians were invited to fill out surveys, and more than 80 stakeholder and municipal engagement sessions were held.
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