If you’ve been wondering how to build a garden suite in Halifax, now is a great time to explore the options. With new incentive programs and funding available, homeowners have more support than ever to create secondary or backyard suites that provide affordable housing.
What Is the Secondary and Backyard Suite Incentive Program?
The Secondary and Backyard Suite Incentive Program is a provincial pilot project that partners with Nova Scotia homeowners to help address the housing crisis. The goal is simple: provide forgivable loans that make it easier to renovate or build a secondary suite — whether in a basement or as a detached garden suite. These units can then be offered to family members or rented out as affordable housing.
How Much Funding Can You Receive?
Eligible homeowners may qualify for funding to cover up to 50% of project costs, to a maximum of $25,000. The loan is forgivable over a five-year period, meaning if you follow the program rules, you won’t have to pay it back. Some municipalities even allow you to apply for more than one suite, depending on local needs and approvals.
Who Can Apply?
To qualify for the program, homeowners must meet certain requirements:
- Be a Canadian citizen or have permanent resident status in Canada.
- Own the property on which you are proposing to build the secondary suite.
- Be willing to use the space to offer affordable housing to a family member or to non-family members.
- Rent the secondary suite at a price that is 20% lower than the average market rent for the area.
- Ensure that the secondary suite meets all applicable building codes and zoning regulations.
The Application Process
The application is free and straightforward. Simply access the form on the provincial government’s website, submit the required documents, and complete the checklist. Applications are usually reviewed within 3–4 weeks, making this a fairly quick turnaround for homeowners ready to get started.
Why Consider Building a Garden Suite in Halifax?
For many, this program is an excellent way to create long-term value while also contributing to the community. Not only can a garden suite add flexibility and potential rental income to your property, but it also supports affordable housing in a city where it’s greatly needed. And with this funding available, now is a smart time to take the next step.
provide the necessary supporting documents, and complete the checklist. After submitting your application, you can expect it to be reviewed within a reasonable timeframe of 3-4 weeks.
This presents an exceptional opportunity for individuals seeking financial support to construct a secondary or backyard suite on their property, providing an avenue to enhance housing options and take advantage of this valuable funding opportunity.
Not sure if building a garden suite is the right move before selling? Let’s chat! I’ll help you weigh the pros and cons based on your home and goals. Book a free, no-pressure consultation today!
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How to Get a Mortgage in Nova Scotia: A Step-by-Step Guide
