Deal between Ottawa, HRM said to fast-track 2,600 homes
A new deal between the federal government and the Halifax Regional Municipality will reportedly fast-track the construction of thousands of housing units.
The federal government announced the agreement on Thursday, which, under the Housing Accelerator Fund, will spend more than $79.3 million to cut down on barriers to building housing. Halifax will help reduce permitting costs and incentivize the use of pre-approved building plans.
"Whether you're a growing family looking for a three-bedroom apartment in Dartmouth, a displaced senior wanting to stay in our community, or a couple looking to buy your first condo—I want you to know that we are working together with the Halifax Regional Municipality so that you and your family can live and thrive here,” said Darren Fisher, MP for Dartmouth-Cole Harbour, in a news release Thursday. “Safe and reliable housing a human right, and today's announcement will get more homes built faster in Dartmouth-Cole Harbour and across our municipality."
The government says the agreement will fast-track 2,600 housing units over the next three years and will help advance the construction of more than 8,866 homes in the next decade.
Halifax will allow for the construction of four residential units in one lot through the agreement, along with student rentals near post-secondary institutions.
"As one of the fastest growing cities in the country, our municipality has been focused on housing supply for years, and we welcome the opportunities this funding provides,” said Mike Savage, mayor of Halifax.
Savage noted that the HRM population grew by 20,000 people last year and it could grow by more than 30,000 this year.
"Based on that we’re going to need close to 20,000 new units," he said. "Units under permit is almost 11,000 right now."
Kate Green, HRM community planning director, said part of the Accelerator Fund could help them invest in other projects.
"We’ve been focussed on conversions of empty office, space, vacant office, space into residential, and there are projects underway right now, ideas that are being shaped that, if we had some money to invest in, we could probably bring them to fruition sooner so part of the housing Accelerator Fund is to invest in those projects directly and incentivize new growth," she said.
According to the federal government, the Housing Accelerator Fund, which launched in March, is a $4-billion initiative that will run until 2026-2027.
For more Nova Scotia news visit our dedicated provincial page.
CTVNews.ca Top Stories
DEVELOPING 122 active wildfires burning across Canada, 32 considered 'out of control'
The 2024 wildfire season has begun, and it's shaping up to follow last year's unprecedented destruction in kind, with thousands of square kilometres already consumed.
B.C. parents sentenced to 15 years for death of 6-year-old boy
A British Columbia Supreme Court judge has sentenced the mother and stepfather of a six-year-old boy who died from blunt-force trauma in 2018 to 15 years in prison.
Veteran TSN sportscaster Darren Dutchyshen has died
Veteran TSN broadcaster Darren 'Dutch' Dutchyshen, one of Canada’s best-known sports journalists, has died. He was 57. His family says 'he passed as he was surrounded by his closest loved ones.'
Miller scores late as Canucks grind out 3-2 win over Oilers in Game 5
J.T. Miller scored in the final minute of the game and the Vancouver Canucks came back for a 3-2 victory over the Edmonton Oilers in Game 5 of their second-round playoff series Thursday.
Think twice before sharing 'heartbreaking' social media posts, RCMP warn
Mounties in B.C. are urging people to think twice before sharing "heartbreaking posts" on social media.
Police issue Canada-wide warrant for Regina homicide suspect
Police have issued a Canada-wide warrant for a man wanted in a homicide which occurred in Regina on May 12.
Trudeau calls New Brunswick's Conservative government a 'disgrace' on women's rights
Prime Minister Justin Trudeau assailed New Brunswick's premier and other conservative leaders on Thursday, calling out the provincial government's position on abortion, LGBTQ youth and climate change.
Kevin Spacey receives star support as he fights to get his career back
Kevin Spacey is pushing back on the 'rush to judgment' against him and is being backed by some big names as he seeks to reclaim his acting career.
Speaker cuts ties with Sask. Party, alleges he faced threats, harassment from gov't MLAs
The Speaker of the Saskatchewan Legislature Randy Weekes has severed ties with the Sask. Party after accusing some members of harassment and intimidation tactics, including a situation he claimed saw the Government House Leader bring a hunting rifle to the legislative building.