first_imgPeople living in Truro are getting new, affordable rental housing thanks to four developments valued at $4.34 million under the Canada-Nova Scotia Affordable Housing Agreement. David Morse, Minister of Community Services, and MP Michael Savage, on behalf of Joe Fontana, federal Minister of Labour and Housing, announced today, Oct. 14, that 56 units will be created as a result of the investment: 30 units on Braemar Court, 12 units on Young Street, four units on Ford Street, and 10 units on Young Street at Fairview Drive. “Affordable housing is important to the health and well-being of individuals, families and communities,” said Mr. Morse. “We are pleased to provide more affordable homes for people living in the Truro area.” “We remain committed to creating affordable homes in communities throughout Nova Scotia,” said Mr. Savage. “Our ongoing support provides access to affordable rental housing that might not have been available otherwise in Truro.” Scheduled for completion in 2006, the developments include 45 barrier-free and visitable units. Visitable units incorporate design features that reduce barriers for people with physical disabilities or reduced mobility. The government of Canada is providing $1.4 million in up-front capital funding for these developments, and the province will commit about $591,088 in rent supplement funding. Private developers will provide about 20 per cent of the total development costs for their respective projects. To date, more than $24 million has been announced by the government of Canada, and the province of Nova Scotia and its partners for the construction or renovation of more than 550 units in the province. A total of $56.18 million will be available under Canada-Nova Scotia Affordable Housing Agreement. Information on the Canada-Nova Scotia Affordable Housing Agreement is available at local housing services offices or on the Department of Community Services website at .last_img