Nova Scotia | Community Housing Acquisition Program (CHAP)
“Nova Scotia | Municipal Affairs and Housing”
$10,000,000.00
Maximum Eligible Amount
Repayable Contribution
Fund Type
The Community Housing Acquisition Program (CHAP) supports the purchase of existing multi-unit residential properties by community housing providers to preserve affordable housing and expand the supply of non-market housing. Funding is available as a fixed-interest rate repayable loan. Variable terms of up to 30 years are available. Maximum loan amount available is $10 million per project amortized over a maximum of 30-years.
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