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28 Sep 2023

Why N.S. could be losing some of the affordable housing it’s funded

Author: admintech | Filed under: Finance/ Money
A man with glasses sits in front of a microphone. The man is Darren Surette, who moved in to Affirmative House, an affordable housing development in Dartmouth, Nova Scotia. His $600 a month rent allowed him to go back to school for courses on entrepreneurship and media. He has started his own podcast.

The province has put more than $84 million into agreements with developers of affordable housing projects over the last 16 years. CBC News tallied how many units have been built and found that some of their locked-in affordability is already expiring.