Nova Scotia spends $3 million on new affordable housing projects

New housing units on Reeves Street in Port Hawkesbury. (Source: Province of Nova Scotia)

The Government of Nova Scotia is investing in two affordable housing projects in Port Hawkesbury and Arichat.

The projects will add 29 affordable housing units on top of the 50 currently under construction.

“We said we would build more housing, faster, and that’s exactly what we’re doing,” said Kyle MacQuarrie, MLA for Inverness, on behalf of Growth and Development Minister Colton LeBlanc. “Projects like these in Port Hawkesbury and Arichat not only increase access to housing and enhance affordability for people in the Strait region, the investments are also helping the local economies grow and communities thrive.”

DC Developments Inc. is constructing 40 new housing units, 20 of them will be affordable units at 100 Reeves St. in Port Hawkesbury.

The affordable units will be a mix of studio and one-bedroom apartments near the Nova Scotia Community College Strait Area campus.

The province provided over $2 million through the Affordable Housing Development Program. Overall, the development costs for the project were $7.82 million.

“We’re excited to work with the province on an affordable housing project that will support the Strait area, an important hub for so many rural communities in Nova Scotia,” said Jeremey Carroll, director of DC Developments Inc. “Quality housing strengthens communities, and we are proud to play a role in that success for the Strait region.”

Lennox Place Limited is converting a commercial building in Arichat at 818 Veterans Memorial Dr. to residential housing.

The project will feature 10 new housing units, nine of which will be affordable housing.

The province spent $990,000 for this project, which cost around $2.1 million total.

“Lennox Place Limited is incredibly grateful for the support from the province, which has been essential in bringing this project to life. This 10-unit apartment building in rural Arichat, Nova Scotia, will provide safe, affordable homes for local residents in a region where housing options are limited,” said Rachelle Samson, owner of Lennox Place Limited. “As a local developer, I’m proud to contribute to a project that supports the retention of families, seniors and individuals in our community.”

For both affordable housing projects the province spent around $3 million.

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