Open
Source verified July 23, 2026
Community Housing Acquisition Program
Loan to acquire existing community housing properties
Funding available
$ 10,000,000
Deadline
Open continuously
Location
Nova Scotia, Canada
Overview
This program provides loans of up to $10 million per project to help community housing providers buy existing multi-unit residential properties. It supports the preservation and expansion of affordable non-market housing, including eligible acquisition projects and supportive housing projects.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Complete an acquisition or business transfer
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 10,000,000 $
- Up to 95% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Nova Scotia
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Purchase of existing multi-unit residential properties
- Acquisition of properties for non-market community housing
- Support for supportive housing acquisitions with OSD funding
Documents Needed
- Completed application form
- Purchase and Sale Agreement
- Property appraisal
- Building Condition Assessment
- Phase I Environmental Site Assessment
Official resources
Eligibility
Who is eligible?
- Co-operatives
- Non-profit societies
- Charities
Who is not eligible
- Residential care facilities
- Student residences
- Long-term care facilities
- Projects requiring rezoning, conversion, or redevelopment
Eligible expenses
- Property acquisition financing for existing multi-unit residential properties
- Major capital repairs and renewal work identified by the building condition assessment
Ineligible Costs and Activities
- Residential care facilities
- Student residences
- Long-term care facilities
- Projects requiring rezoning, conversion, or redevelopment
Eligible geographic areas
- Nova Scotia
Selection criteria
- Financial viability
- Proponent capacity to undertake the project
- Readiness for acquisition
- Proportion of affordable units secured
- Demonstrated short- and long-term demand
How to apply
- Step 1: Review the program guide and criteria
- Read the Community Housing Acquisition Program Guide.
- Check the program requirements and application details.
- Step 2: Complete the application
- Fill out the application form.
- Prepare the required supporting information and documents.
- Step 3: Submit by email
- Send the completed application and supporting documents by email.
Processing and Agreement
- Applications are reviewed and approved on a first come, first serve basis
- Review typically takes 6 to 8 weeks
- More information may be requested if needed
- Approved applicants receive an Offer of Finance
- Financial reporting is required throughout the loan term
Additional information
- Applications are accepted anytime.
- No application fee is charged.
- Approved projects receive an Offer of Finance outlining the loan conditions.
- Applications are assessed on a first come, first serve basis.
Contacts
Availability timeline
2026
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Frequently Asked Questions about the Community Housing Acquisition Program Program
What is the Community Housing Acquisition Program?
This program provides loans of up to $10 million per project to help community housing providers buy existing multi-unit residential properties. It supports the preservation and expansion of affordable non-market housing, including eligible acquisition projects and supportive housing projects.
How much funding can be received?
Community Housing Acquisition Program Funds up to 95% of admissible expenses, capped at $10,000,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Community Housing Acquisition Program program?
To be eligible for the Community Housing Acquisition Program program, you must:
Community housing provider
Authorized to operate in Nova Scotia
Meets 5% cash equity requirement
What expenses are eligible under Community Housing Acquisition Program?
Purchase of existing multi-unit residential properties
Acquisition of properties for non-market community housing
Support for supportive housing acquisitions with OSD funding
Who can I contact for more information about the Community Housing Acquisition Program?
You can contact Government of Nova Scotia by email at acquisitionprogram@novascotia.ca or by phone at 1-844-424-2433.
Where is the Community Housing Acquisition Program available?
The Community Housing Acquisition Program program is available the province of Nova Scotia.