Federal government invests $79 million for new Halifax housing

Fraser acknowledged that the city has “enormous challenges” with housing due to its population growth, citing it being one of the fastest-growing cities in the country and a push in downtown living over the past number of years.

The money comes from a one-time grant, and the municipality would not be able to apply again. While the feds are willing to sit back at the table, the minister responsible said, “It’s hard to identify any other areas that Halifax could go to allow us to build faster.

Source: Real Estate Daily Report (realestatedailyreport.net)

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