BILATERAL AGREEMENT UNDER THE 2017 NATIONAL HOUSING STRATEGYBilateral Agreement • December 18th, 2020
Contract Type FiledDecember 18th, 2020INITIATIVE OBJECTIVE 3 Canada – Nova Scotia Housing Benefit CMHC and Housing Nova Scotia have agreed, in accordance with the FPT Housing Partnership Framework and NHS Principles, to co-develop and cost-share the Canada – Nova Scotia Housing Benefit (“HB”) based on the federal HB themes set out in this Schedule B.1 and local housing affordability challenges as described in the Action Plan. Recognizing the regional needs and priorities within Nova Scotia, the HB will provide direct affordability support to households in Housing Need in order to eliminate or significantly reduce Housing Need in accordance with the agreed-to Targets and Outcomes. Housing Nova Scotia is responsible for delivering the HB and shall be implemented starting April 1, 2020. Proponent Type:The HB shall be paid directly to, or on behalf of, households in Housing Need as mutually agreed to in accordance with the Action Plan.