FOR IMMEDIATE RELEASE
Pubnico, Nova Scotia – 8 March 2024 – In response to the recent news regarding the termination of the partnership between Clayton Developments and the Province of Nova Scotia for affordable housing development, Nova Scotia Non-Profit Housing Association (NSNPHA) advocates for an increased focus on non-profit community housing as the most effective solution for ensuring perpetually affordable housing options.
The end of this partnership highlights the challenges and limitations associated with for-profit housing development models. Clayton Developments cited financial constraints and other difficulties as reasons for ending the collaboration with the province. This emphasizes the need for approaches that prioritize the long-term affordability and sustainability of housing solutions.
Non-profit community housing has proven its success in various communities across the province, country, and around the world. Nova Scotia Non-Profit Housing Association believes that embracing and investing in non-profit community housing initiatives will bring enduring benefits for both residents and communities as a whole.
Here are a few reasons why non-profit community housing is the best solution:
- Perpetual Affordability: Non-profit community housing organizations are committed to keeping housing affordable over the long term, making it possible for individuals and families to thrive without fear of rising housing costs.
- Community-Centered Approach: Non-profit housing models prioritize community engagement and input, fostering a sense of belonging and shared responsibility among residents. This approach contributes to vibrant and resilient communities.
- Inclusive and Diverse Housing Options: Non-profit community housing addresses the diverse needs of communities, offering a range of housing options that accommodate different income levels, family sizes, and lifestyles.
- Stability and Longevity: By avoiding market-driven fluctuations and making the well-being of residents a priority over profit margins, non-profit community housing organizations contribute to the stability and longevity of affordable housing initiatives.
Moreover, NSNPHA draws attention to the recommendations of the Canadian Housing and Renewal Association (CHRA) in their report, “The Impact of Community Housing on Productivity” [https://chra-achru.ca/economic-necessity/] The study found a causal relationship between the proportion of community housing within the overall housing stock and economic productivity.
We know that when folks have their basic needs met, which start with food and safe shelter, they are better able to contribute to the economy by participating in the workforce. Requirements for additional supportive services are decreased. With access to safe and affordable housing residents shift the focus toward other needs and ensure a secure future for households.
As Nova Scotia Non-Profit Housing Association advocates for the promotion and adoption of non-profit community housing models, we call upon government bodies, private sector stakeholders, and the general public to join hands in supporting sustainable, affordable housing solutions that prioritize the well-being of all citizens. Let’s get it right out of the gate and not leave millions of dollars of funding on the table, delaying development of urgently needed affordable housing.
For further information or inquiries, please contact:
Trish McCourt,
Executive Director, NSNPHA
[email protected]
902-903-5983