Nova Scotia | Community Housing Growth Fund
“Nova Scotia. Municipal Affairs”
The funder does not disclose this information
Maximum Eligible Amount
Government Grant
Fund Type
The government is investing $2.5 million to create a community housing growth fund to strengthen the sector and grow the number of non-profit housing units in Nova Scotia.
Why is Community Housing Transformation Centre administering the program?
The Community Housing Transformation Centre (the Centre) is a national non-profit organization specialized in providing support and funding allocation to the community housing sector across Canada. The Canada Mortgage and Housing Corporation (CMHC) relies on the Centre to allocate 50 million dollars out of the National Housing Strategy to enhance the resilience and growth of the community housing sector from coast to coast to coast. As a result, the Centre developed specialized expertise, strengthened by tailor-made IT and administrative tools that provide highly efficient and secure grant allocation and management. This partnership means that provincial funds will flow much faster to eligible co-operative and non-profit housing organizations.
Not to mention, the Centre has a solid and constructive relationship with the Nova Scotia housing sector. Over the last three years, the Centre engaged in dialogue and funding activity with the Nova Scotia Government and community housing organizations from every region in the province. This record includes allocating $803,840 to community housing groups and contributing to the recent Nova Scotia Affordable Housing Commission.
The Centre will also contribute another $550,000 to the Community Housing Growth Fund to support capacity building in the sector and the operational needs of the non-profit housing association once it is formed.
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