Affordable Housing Grant
The Affordable Housing Grant Policy supports the development of new affordable housing within the municipality by offering a one-time grant to eligible property owners.
Offered by Cape Breton Regional Municipality Planning and Development
Amount
Up to $200,000
Tier 1: $20,000 per Affordable Housing Dwelling Unit, up to a maximum of $200,000 per project; Tier 2: $18,000 per Affordable Housing Dwelling Unit, up to a maximum of $160,000 per project
Quick eligibility check
Who can apply
Property owners who receive the grant must agree to maintain affordability for at least 10 years.
To qualify, affordable housing dwelling units must:
- Not exceed 30% of the gross annual household income, or be 80% or less than the average market rate as defined by the Canada Mortgage and Housing Corporation (CMHC) for CBRM.
- Have a valid Building and Development Permit issued between 2024 and 2026 for the installation of a new secondary suite, converted dwelling, or construction of an accessory dwelling unit, two-unit dwelling, apartment or townhouse.
- Be located within the Service Area Boundary as defined by CBRM's Municipal Planning Strategy. See the Service Area Boundary map.
About the funding
The Affordable Housing Grant Policy supports the development of new affordable housing within the municipality by offering a one-time grant to eligible property owners.
Tier 1:
Rent does not exceed 30% of the gross annual household income for at least 10 years. The Tier 1 grant base amount is $20,000 per Affordable Housing Dwelling Unit, up to a maximum of $200,000 per project.
Tier 2:
Show all funding details
Rent is 80% or less than the average market rent for at least 10 years. The Tier 2 grant base amount is $18,000 per Affordable Housing Dwelling Unit, up to a maximum of $160,000 per project.
Additional funding may be available for projects receiving support from the Province of Nova Scotia and/or the Government of Canada.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Heritage Development Fund: Conservation Advice Grants | Grant | Up to $5,000 | Open |
